🎓 Concept of the Day: M & W Reversal Patterns 📉📈
Trading isn’t only about charts and numbers — sometimes, it’s about recognizing letters!
Two of the most reliable trend reversal patterns look just like the M and W shapes.
📉 Double Top (M Pattern)
• What happens: Price tests a resistance level twice but fails to break through. 🚫
• What it tells us: Buying pressure is fading — a bearish move may be coming.
• Confirmation: Enter only after price breaks below the neckline.
📈 Double Bottom (W Pattern)
• What happens: Price hits a support level twice and successfully bounces. 🚀
• What it tells us: Selling pressure is weakening — bullish momentum is building.
• Confirmation: Enter after price breaks above the neckline.
💡 Key Reminder: Don’t anticipate, wait for confirmation.
No neckline break = no valid setup. Patience is your edge. 🚦
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4June 16, 2026 5.3K 2
