The Adam and Eve pattern is a variation of the double top and bottom chart pattern that signals the start of a new trend. The bullish version of the pattern features a V-shaped first bottom called Adam, followed by a U-shaped consolidation phase forming Eve. The same applies to the bearish version.
What is Adam & Eve double top?
A second, longer-lasting and thus wider bottom is formed as a “U” shape. This bottom is called Eve. The pattern is confirmed if the price surges past the heights it reached after the rebound of the first bottom – Adam. This is when traders can predict that the price will start rising. Adam and Eve double top signifies the end of a bull trend.
How do I trade with the Adam and Eve pattern?
Trading with the Adam and Eve pattern is super simple. All you have to do is to identify the pattern correctly and know the proper levels of when and where to enter and exit a trade. The Adam and Eve pattern is a variation of the double top and bottom chart pattern that signals the start of a new trend.
