This is an example of Channel Up and M Pattern (Bullish Bat). Found that M Pattern (Bullish Bat) within Channel Up. Pattern already touches PRZ (orange) and completed TP1 and TP2 (lime). Indicator used : 1. Regression Channel Alternative MTF 2. HH-LL ZZ 3. XABCD Harmonic Pattern Custom Range Interactive
Hello everyone, in this post, I tried to show you the concept of "M" and "W" Patterns shortly and simply. I hope this article is useful for you and wish you all the best.
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...
Tradingstrategyguides EDUCATION GBPNZD 15M US SESSION SHORT SCALP 56 PIPS British Pound / New Zealand Dollar (FX:GBPNZD) Tradingstrategyguides Trend Analysis Chart Patterns Technical Indicators mpattern Inverted Hammer swinghigh pinhammer stophunt engulfment fibarclevels tradingstrategyguides 15m 1st Chart 7 AM EDT - Bearish Reversal M Pattern developed -...
coal india 11th june 2020 M pattern or double top pattern