45. Requires a lot of patience as stocks are range
bound .
Movement is slow and it may take months to
achieve the upper or lower range
Capital is utilized for smaller gains
Very very low risk setup
Returns are risk free
Even a 10% target if takes 2 months is decent
return
No need to track every day
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51. HOW TO TRADE W AND M PATTERN
Never buy on first pullback as sellers are still strong
Trade once the smaller resistance gets broken
keeping the stoploss below the swing low
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52. These are also called double top and double
bottom structure
Can be used effectively in smaller timeframe
Harder to find , sometimes the stop loss becomes
huge and not favourable
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