Ethereum / TetherUSEducation
Different Types of W Patterns and How to Trade Them
Hello dear KIU_COIN family 🐺 .
Recently, I decided to provide some educational content for you, my dear audience, and introduce some essential and basic trading terms.
Here’s what you should know: In these lessons, we will cover three different seasons:
🔹 Season 1: Reversal and continuation patterns.
🔹 Season 2: How to use RSI and other indicators to find good entry points.
🔹 Season 3: Definitions of Fibonacci and seasonality in trading.
Stay tuned for valuable insights! 🚀
✅ For the first section of 🔹 Season 1, I’ll be covering W patterns— a well-known bullish reversal pattern :
As you can see in the chart above, we usually have three types of W recovery patterns, which are the most important ones for us. However, in this section, we just want to get a general understanding of them. In the upcoming section, we will learn how to trade them and explore how they actually appear on the chart and the story behind them!
✅ This is the first and most common type of W pattern:
✅ This is the second type of W pattern:
✅ This is the third type of W pattern:
Ok, guys; I think this is enough for today, and I hope you enjoyed this educational content. However, don't forget to ask your questions below and support me with your likes and follows for more of this content. 🐺🔥
Recently, I decided to provide some educational content for you, my dear audience, and introduce some essential and basic trading terms.
Here’s what you should know: In these lessons, we will cover three different seasons:
🔹 Season 1: Reversal and continuation patterns.
🔹 Season 2: How to use RSI and other indicators to find good entry points.
🔹 Season 3: Definitions of Fibonacci and seasonality in trading.
Stay tuned for valuable insights! 🚀
✅ For the first section of 🔹 Season 1, I’ll be covering W patterns— a well-known bullish reversal pattern :
As you can see in the chart above, we usually have three types of W recovery patterns, which are the most important ones for us. However, in this section, we just want to get a general understanding of them. In the upcoming section, we will learn how to trade them and explore how they actually appear on the chart and the story behind them!
✅ This is the first and most common type of W pattern:
✅ This is the second type of W pattern:
✅ This is the third type of W pattern:
Ok, guys; I think this is enough for today, and I hope you enjoyed this educational content. However, don't forget to ask your questions below and support me with your likes and follows for more of this content. 🐺🔥
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.