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"W" pattern, or we say double bottom pattern, is a bullish reversal pattern in trading, After a downtrend indicating potential price increases.
The W pattern is formed when a price chart shows two similar lows (two bottoms) after a downtrend, resembling the letter "W".
✅ Is " W " pattern Bullish ?
It signals that sellers are losing momentum and buyers are gaining strength, suggesting a potential shift from a downtrend to an uptrend.