HINDPETRO | Time for some upside

16 thg 10, 2020

• Bearish cypher pattern - CD leg forming
  
• Bullish divergence on the 4h to the daily chart.
  
• Historical performance, although not a guaranteed factor of performance, shows similar divergence on the daily with a pull back of 30%. This time, however, the pullback might be below 20% as the pattern is of smaller magnitude.
  

Have fun, stay safe!

30 thg 10, 2020

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