Concept of the Day: M & W Reversal Patterns 📉📈 Trading isn’t only… — GuruTrade7 — TG.ME

🎓 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. 🚦