The W Pattern Forex Trading Guide For Beginner

By allatraders Unranked 1 year ago
100% Upvoted
allatraders allatraders Unranked 1 year ago
The double bottom or W pattern is the most prevalent chart pattern used in trading. In fact, this pattern is so common that it may be taken as irrefutable evidence by itself that price action is not as totally random as many say. The double bottom pattern is one of the very few that perfectly depicts the market’s direction changing. At the bottom of a downtrend, the double bottom forms itself, offering potential long entries for buyers.

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