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. 🐺🔥