If you’re trying to interpret a w pattern in chart, focus on the two “V” lows and the peak between them. Confirm that each low forms a clear support area, then check that price rebounds toward the midpoint before turning again.
For a practical approach, mark the support levels, watch for a retracement that reaches the central high, and use that level as your validation reference. Keep risk tight by sizing positions conservatively and only acting when the pattern structure is intact.
