A W pattern, also known as a double bottom, is a bullish reversal chart pattern. It signals a potential change from a downtrend to an uptrend, and it’s a fundamental skill in technical analysis. The ...
“On the daily timeframe, Varun Beverages stock has formed a "W" pattern (double bottom reversal), signaling a potential trend reversal. Traders can buy for a target of Rs 870 in the next 5-7 weeks,” ...