What is the M Chart Pattern in Forex? - What is the M Pattern in Forex?

The M pattern in forex is a double tops chart pattern look like an M-Shape, the best reversal signal is where the second top is lower than the first one as shown below, this means that the reversal signal can be confirmed by drawing a downward trend line as shown below. If a trader opens a sell signal the stop loss will be placed just above this downwards trend line.

M-Shaped Double Tops Chart Pattern - What is the M Chart Pattern in Forex?