The “W” pattern is a potential reversal from a downtrend into an uptrend.
🔍 What to watch:
• A clean support break
• Strong rejection at both lows
• A neckline breakout with momentum
• A successful retest
• Higher highs and higher lows
🔨 The hammer candle is one clue, but confirmation comes from the full market structure.
📈 Trade Plan:
Entry above the neckline, stop loss below support, and target the measured height of the pattern.
We don’t guess, we confirm.
Educational purposes only. Trading involves risk. Past performance does not guarantee future results.