What is the M Crude Oil Trading Chart Pattern?

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

M Shaped Double Tops Oil Trading Chart Pattern - What is the M Oil Trading Chart Pattern?