Britannia has formed a Double Bottom pattern at a strong support level, indicating a potential bullish reversal.
This suggests buying interest at the support zone, reducing the chances of further downside.
A breakout above the neckline resistance could confirm an upward move.
With a strict stop-loss (SL) below support and a target at recent highs, one can watch for a buying opportunity. ✅
This suggests buying interest at the support zone, reducing the chances of further downside.
A breakout above the neckline resistance could confirm an upward move.
With a strict stop-loss (SL) below support and a target at recent highs, one can watch for a buying opportunity. ✅
Trade active
Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.