hindoil explorer looks bullish in medium term

double bottom formed after a long downtrend,
price broke the neckline and pattern got confirmed,
and then price retested the broken neck line and reversed

also hidden bullish divergence is seen in weekly.

sl - 65 pattern tgt - 108

İşlem aktif:

going good, till now 81.4

İşlem aktif:

moving up as expected till now 98.10

Yorum:

In weekly, BB is expanding and candles are riding the upper BB with good volume,

İşlem aktif:

double bottom pattern tgt of 108 is already achieved here.

Yorum:

round bottom forming here, watch for breakout, once breakout is done and pattern is confirmed much higher levels waiting for us in hindoilexp.