w pattern strategy

Posts: 5458 · #1 - July 01, 2021, 09:32:49 AM

W pattern strategy, who doesn't know the W pattern in forex trading charts, this pattern is well known everywhere and people call it double bottom, but this W pattern is different from the double bottom pattern even though the picture is the same but theoretically there are many different versions starting from the shape and how to open the position

Linkback: https://www.forex.zone/trading-systems/10/w-pattern-strategy/3416/

Posts: 365 · #2 - August 07, 2021, 02:52:03 AM

this is a simple system but it takes patience to wait for the pattern to form, the w pattern is the opposite of the m pattern

Posts: 365 · #3 - August 11, 2021, 01:17:54 AM

Yesterday's W pattern appeared on the GBPUSD pair on the M15 time frame, after the breakout the price was immediately bullish

Posts: 21261 · #4 - December 07, 2025, 10:07:53 AM

The W pattern is often mistaken for the double bottom, but in practice, there are many theoretical versions and strategic variations. Although the patterns appear identical, some traders differentiate the W pattern based on swing structure, retracement depth, breakout confirmation, and even the context of the previous trend.