hindoil explorer looks bullish in medium term

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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. ảnh chụp nhanh

sl - 65 pattern tgt - 108
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going good, till now 81.4
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moving up as expected till now 98.10
Ghi chú
In weekly, BB is expanding and candles are riding the upper BB with good volume, ảnh chụp nhanh
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double bottom pattern tgt of 108 is already achieved here.

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

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breakoutBullish PatternsDouble BottomDouble Top or BottomretestingTrend Analysisuptrend

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