Is an M pattern bullish?
I've noticed a stock price movement forming an M pattern and I'm wondering if this is considered a bullish sign. I want to know if the M pattern typically indicates a positive market trend or if it's just a random price fluctuation.
What is the M pattern in crypto?
Excuse me, could you explain what exactly is meant by the M pattern in the world of cryptocurrency? I've heard the term mentioned a few times but am still unsure of its specific definition and how it relates to market trends. Is it a pattern that indicates a potential reversal in price, or is it something else entirely? And how can traders identify it in their charts and analysis? Your insight would be greatly appreciated.