what are the most common reversal patterns 
some of the most common chart patterns that technical traders use to mark major shifts in underlying trends are double bottom double top triple bottom triple top head and shoulders cup and handle reversal patterns typically have a v w or u shape the bottom linea w shaped recovery is an economic cycle of recession and recovery that looks like the letter w in investment or economic charts of certain economic measures such as employment gross domestic product gdp and industrial output people also refer to a w shaped recovery as a double dip recession this kind of recovery involves a sharp decline in these measurements followed by a sharp rise upward then another sharp decline and finally a further sharp rise the middle section of the w can turn out to be a major bear market rally or a recovery stifled by an additional economic crisis such relapses in economic corporate or consumer level trends are fairly common 