"W" pattern and "WM" pattern

Hi,

Do you think this is a valid "WM" pattern?

 

A W is a bottoming pattern.

An M is a topping pattern.

What you have here is an upwardly-trending channel.

 

No. The "W" and "M" should be "taller", i.e. more volatile.

 

That looks like a double V... and double A...

Wait... more like an N... Q... O... P... B... C...

hold on...

It must be a series of "/" and "\"...

 

LKS

Forget the fancy pattern names and just look at the price.
You have rising pivots ( both top & bottom) therefore you are in a long market.
You are making this game difficult.

 

hardyards

Right, KISS rules. ....................

 

Those are 2 different inverted head and shoulders.

 

A 69 position? err formation?

 

This is the latest update from today's action. The chart becomes like this:



When you see this chart, what comes to your mind?

 

seriously ? greata biga babalabushkas.....