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What is the difference between Eve & Adam bottom?

The Eve bottom has three days at about the same price level. Adam bottom has a long, single price spike. The two bottoms look different. Eve is wider than Adam and more rounded looking. The Eve & Adam double bottom chart pattern confirms when price closes above the high between the two bottoms, shown here as the breakout point.

What is an Eve & Adam double bottom chart pattern?

The figure to the right shows an example of an Eve & Adam double bottom chart pattern. The Eve bottom has three days at about the same price level. Adam bottom has a long, single price spike. The two bottoms look different. Eve is wider than Adam and more rounded looking.

What is the Adam & Eve pattern?

The Adam and Eve pattern is a slightly different variation of the double top and bottom chart pattern that signals the start of a new trend. When the bullish version appears, the first bottom, the Adam, has a V-Shaped. After Adam, the price makes a U-shaped consolidation phase, thus forming Eve. The same applies to the bearish version.

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