Short term multiple moving average breakout

im not sure anyone understand entry rules . can you explain more what is w shape ?

"M"

Let's see how it goes, shorting HSI because 4 hours showing breakable of previous bottom EMA


Edit: follow up with 1 H chart, it's touching previous EMA low, let's see how we proceed


Edit: Already took profit as EMA hitting 1 hour EMA previous bottom and lost momentum to go down

trying out 5 minutes shorting on USDJPY