Some Important Forex Reversal Patterns

From winnersedgetrading.com

Here are descriptions of a number of important reversal patterns which should help you detect them better as well as improving your trading results. Double Top and Bottom Patterns Double top patterns, which are also called "M" patterns, are initially formed by a long rise in trading price. The shape then continues with two tops, separated by a valley, before terminating with a significant drop in the trade price. Double bottom patterns are referred to as "W" patterns and commence with a long drop in currency price, followed by two bottoms separated by a hill, and ending with a sharp price rise.