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Saeed.base.eth πŸ”΅ 🎩 pfp
Saeed.base.eth πŸ”΅ 🎩
@sezar
πŸ“Š M and W Patterns in Technical Analysis . If you work with charts, you’ve probably come across classic patterns. This image gives a simple and useful look at M and W reversal patterns, which are among the most well-known indicators of trend reversals in the markets. πŸ”» The M pattern usually forms at the end of an uptrend and signals a potential move downward. πŸ”Ί The W pattern, on the other hand, appears at the end of a downtrend and often suggests a bullish reversal. . πŸ’‘ In this image, we see 3 types of each pattern: Simple Short Formed Extended The ideal entry points are also highlighted. . πŸ“ˆ Which of these patterns do you use more often? Share your thoughts below πŸ‘‡
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SaLi pfp
SaLi
@ireth.eth
Great breakdown of M and W patterns β€” so useful for spotting reversals! πŸ“‰πŸ“ˆ I usually watch for the extended W pattern before jumping in. What’s your favorite pattern to trade with? πŸ‘€πŸ‘‡
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