Have you heard of the Adam and Eve double bottom?
This pattern is formed as follows: first there is a V-shaped initial bottom low. This is the ‘Adam’ bottom. Then price runs higher & lower & higher to create a cup shaped second bottom. That is ‘Eve’.
Adam is typically made on higher volume and Eve on lower volume, and a breakout of price above the previous highest price in the Eve cup is a long signal, similar to a 'cup and handle' pattern-breakout.
As confluence, giving me confidence, the 'Pi Cycle Bottom' MAs are about to cross, and historically, this cross has accurately signaled, IMPORTANTLY, a macro-bottom.
My fingers are crossed! May the FORCE BE WITH YOU!
Happy trading peeps! :)
And to all the girls I've ever loved before, this one's for you ;-)
This pattern is formed as follows: first there is a V-shaped initial bottom low. This is the ‘Adam’ bottom. Then price runs higher & lower & higher to create a cup shaped second bottom. That is ‘Eve’.
Adam is typically made on higher volume and Eve on lower volume, and a breakout of price above the previous highest price in the Eve cup is a long signal, similar to a 'cup and handle' pattern-breakout.
As confluence, giving me confidence, the 'Pi Cycle Bottom' MAs are about to cross, and historically, this cross has accurately signaled, IMPORTANTLY, a macro-bottom.
My fingers are crossed! May the FORCE BE WITH YOU!
Happy trading peeps! :)
And to all the girls I've ever loved before, this one's for you ;-)