Update on my previous Idea of Brittania.
Stock faced some resistance on our trend line and then breached it heading towards the fault line.
Now What ?
Fault Line is nothing but a resistance zone.
If the stock faces resistance and selling pressure around this zone, then it will head back towards the blue trend line.
Stock is Bullish above the Fault Line & Bearish below the Blue Trend Line.
Trade carefully.
Now What ?
Fault Line is nothing but a resistance zone.
If the stock faces resistance and selling pressure around this zone, then it will head back towards the blue trend line.
Stock is Bullish above the Fault Line & Bearish below the Blue Trend Line.
Trade carefully.
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