Confirming W Formation.
W Formations only appear BELOW the 200 Day EMA
Start of possible uptrend.
M Formations only appear ABOVE the 200 Day EMA
Start of possible downtrend.
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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.