You’re treating every squiggle like it has meaning
Two W’s, “big W”, “small W”, “third test”, “fourth test”, “green neckline”, “blue neckline”…
Bro, that’s not analysis, that’s story-telling
A valid W-bottom doesn’t care about how many miniature Ws happen inside it
Only two things matter:
(1) Clear double bottom with a higher second low
Price should show:
Bottom → bounce → retest bottom → rejection upward
(2) Strong breakout of the neckline with volume + follow-through
A W-bottom is confirmed only after
price closes above the neckline + volume spike + retest holds
Not before!
Everything else you described is noise!!
The green neckline is a valid support zone
Price bounced there multiple times
Good, that’s structure!!
• The blue neckline is NOT a confirmed breakout zone
Price tapped it multiple times and failed
That’s not bullish, that’s sellers defending.
• All these “tests” you narrated are just liquidity sweeps
Those wicks near the neckline?
That’s not acceleration, that’s stop-hunting
• No volume confirmation = no W-bottom
If the breakout doesn’t come with volume + momentum,
it’s a fake breakout 90% of the time
What you called “acceleration” is just 15m volatility, not actual trend reversal strength.
