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
Trade active
⋅
going good, till now 81.4
Trade active
⋅
moving up as expected till now 98.10
Comment
⋅
In weekly, BB is expanding and candles are riding the upper BB with good volume,
Trade active
⋅
double bottom pattern tgt of 108 is already achieved here.
Comment
⋅
round bottom forming here, watch for breakout, once breakout is done and pattern is confirmed much higher levels waiting for us in hindoilexp.