What are W and M patterns?
They are among the most famous price patterns that indicate a reversal in market trends:
- 📈 "W" pattern (buying): resembles the English letter W and consists of a double bottom, indicating a potential rise in price.
- 📉 "M" pattern (selling): resembles the English letter M and consists of a double top, indicating a potential drop in price. $TRB $WCT $PEPE #candlestick_patterns #PATTERN #patternanalysis #PatternBreakouts #PatternPower