What is Adam & Eve chart pattern?

Thomas Bulkowski first mentioned it in his book, “Encyclopedia of Chart Patterns,” and until now, it is a relatively unfamiliar classical chart pattern to many traders worldwide. In essence, Adam and Eve is a variation of double top and double bottom patterns and is only slightly different from the traditional double bottoms/tops.

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.

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.