PPL — 4H Double Bottom + Bullish Divergence | Breakout SetupPakistan Petroleum LimitedPSX_DLY:PPLMRChishty1Pakistan Petroleum Limited (PPL) — 4H Technical Setup PPL is forming a potential Double Bottom structure after establishing a first low (B1) and a lower low (B2). At the same time, the RSI is showing bullish divergence: price has made a lower low while RSI has formed a higher low. This suggests weakening downside momentum. The key level to watch is the neckline around 249.99. Bullish confirmation: A decisive 4H breakout and close above the 249.99 neckline would confirm the double-bottom structure and potentially open the way toward the projected target near 288.23. Key levels: 🔹 Current area: ~227 🔸 Neckline / breakout confirmation: 249.99 🟢 Projected target: 288.23 🔴 Major structural support / invalidation: 207.51 The setup remains a potential bullish reversal until the neckline is broken with confirmation. A failure to hold the lower support area would weaken or invalidate the structure. Pattern: Double Bottom Momentum: Bullish RSI Divergence Timeframe: 4H Confirmation: Break & close above neckline This is a technical analysis idea, not financial advice. Trade according to your own risk management.