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What are Adam & Eve double bottoms?

Adam and Eve double bottoms are bullish chart patterns with twin bottoms at about the same price. Internationally known author and trader Thomas Bulkowski discusses performance statistics, trading tactics, and more.

What is an Adam & Eve double bottom chart pattern?

The figure on the right shows an example of an Adam & Eve double bottom chart pattern. This is a perfect example. The Adam valley is pointed and narrow whereas Eve is wide and flat. The contrast between the two is startling enough that it will probably keep you awake at night wondering how such a pattern could occur.

What is the difference between Adam & Eve?

Adam is a narrow bottom, often composed of a one-day spike. When trying to decide which is which, ask yourself if the two bottoms appear different or similar. With Eve & Eve, the two should look similar (both wide and rounded). The Eve & Eve double bottom is what most chartists call the classic double bottom.

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