PTC:PSX Bullish reversal observed

PTC:PSX was in consolidation since Dec 22. However, it has formed a bullish divergence on 1D timeframe in conjunction with forming a double bottom pattern pattern. On last working that that is 13 Oct 23, it has also made a bullish engulfing candle, triggering our target entry levels. SL and TP have been marked on chart. This analysis also holds confluence with 1W timeframe.