Eve and Adam pattern
🔅Two distinct valleys that look different. Eve bottoms appear first and are wider and more rounded looking. Adam bottoms appear after Eve and are narrow, V-shaped, sometimes with one long price spike. Spikes that appear tend to be more numerous and shorter on Eve bottoms.
🔅The rise between bottoms should measure at least 10%, but allow variations.
🔅The price variation between bottoms is small, usually between 0% and 4%. The two valleys should appear to bottom near the same price.
🔅In the case of a Eve and Adam chart pattern, the stop loss should be placed at the previous low of the pattern.
🔅The limitation for the target will be the previous resistance level which was formed before by the price action.
