Trading

📊 M and W Patterns in Technical Analysis
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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.
🔻 The M pattern usually forms at the end of an uptrend and signals a potential move downward.
🔺 The W pattern, on the other hand, appears at the end of a downtrend and often suggests a bullish reversal.
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💡 In this image, we see 3 types of each pattern:
Simple
Short Formed
Extended
The ideal entry points are also highlighted.
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📈 Which of these patterns do you use more often? Share your thoughts below 👇

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We need it a lot, I hope it happens soon.

I think I haven’t understand these lessons

I thought this method would work most of the time, so it might not.

I have tried to learn it and utilize it in real trading but sometimes it doesn’t work

The picture shows that in model M, we’re supposed to enter at that point 
but I think we should be exiting there instead. Is that correct?