Interesting thread… but there’s absolutely no info on how you determine the end of the next “leg”, or where to place your exits etc. Most of these Ms and Ws are wildly subjective, and created with hindsight. I think it’s an interesting way of looking at the chart, but there’s no actual method or system in this thread… 
I wouldn’t trade letter “M” or letter “W” patterns in 5 minute time frame chart.
I normally trade letter M or W pattern in 1 hour, 4 hour time frame chart.
So the M and W pattern works in the opposite way of the western chart pattern?
Interesting view, so what should the user of this strategy do when the pattern/position fail? Re-entry or open a new position to the opposite direction?