W pattern is directly opposite of the M pattern as you could probably assume
Using GNOUSD as an example we can see the W breaking out and completing its formation
In doing this it seemingly forms what I would call a 'Handle' for the pattern
Observing this allows the comparison between the two patterns (W and Cup and Handle)
Also the observation of a clear cut Top, similar to the cup and handle
Outlined on chart 1,2,3 are my key takeaway points that I have come to believe
Using GNOUSD as an example we can see the W breaking out and completing its formation
In doing this it seemingly forms what I would call a 'Handle' for the pattern
Observing this allows the comparison between the two patterns (W and Cup and Handle)
Also the observation of a clear cut Top, similar to the cup and handle
Outlined on chart 1,2,3 are my key takeaway points that I have come to believe
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.