Adam & Eve Pattern ( Bullish )A bullish "Adam & Eve" pattern is forming in the daily chart of Makkah Construction & Development Company .
A good entry when it goes above the neck line at around 62.60
ADAM-EVE
SOYA BEANS 🦐The price creates a nice Adam and eve pattern, we are waiting for a retest on the neckline.
According to Plancton strategy, we can set a nice order
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Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
GOBTC nice breakout on daily 🦐GOBTC nice breakout on daily after the price created an Adam and Eve Pattern.
We are waiting for a retest. The price could visit the weekly trendline (red one, left chart)
According to Plancton's strategy, we can set a nice order
check my previous idea
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
KAVABTC – Adam and Eve 🦐According to Thomas Bulkowski's Encyclopedia Of Chart Patterns, the Adam and Eve formation is characterized by a sharp and deep first bottom on high volume (Adam). The stock bounces and develops a more gentle correction, printing a second bottom (Eve) on lower volatility. Eve's rounded bottom takes longer to develop than the Adam spike and it is characterized by lower volumes. Price action congests into a tight range and the stock then breaks to the upside. The top of Eve marks an excellent entry point when broken. The resistance is often located along the top of the center retracement pivot. Sometimes they occur at the end of parabolic rallies. The opposite is true when the Adam and Eve formation identifies a top. Risk must be managed very carefully. Sometimes you might conclude that a bottom has been reached, only to discover that it's a breakout to new lows. Further, stop-losses must be applied with discipline. Don't stick around too long; the failure of this pattern will gain downside momentum quickly. Entry is not easy from the psychological perspective, because sentiment will be negative during this type of market action and volatility will be high. The potential for short-term profits is high, because the reversal, when successful, is explosive.
KAVABTC create an Adam and Eve Pattern on 4h 🦐KAVABTC create an Adam and Eve Pattern on 4h.
Now the price is in a 4h channel, According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Clear addam and eve spotted .Imminent breakout (bullish)This is a bullish pattern with a high rate of failure . Expect aggresive move to the upside and even more agressive one to the downside .Short term trade .Take your 1-2-3% gains and get out .
AMBBTC creates Adam and Eve Pattern 🦐👫Adam and Eve, I love this pattern. Do you remember this idea?
According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
GBP-USDHello, guys welcome to this analysis on GBP-USD.
As you can see on the chart price has made an Adam and Eve pattern that got completed by a break above 1.264 at the 7th of Jun.
Adam and Eve patterns are some sort of double bottom with a V-shaped bottom on one side and a rounded bottom on the other side of the pattern.
We can see that price came back and retested the 1.264 level last night and held it as support. The rounded retest of the level could be a very good entry for this trade.
The first area of resistance above the pattern is at 1.32 ish which can be a good target for this trade. Although the measured move of the pattern is much higher than that.
Considering the overall weakness of the USD it's possible for the price to hit its target as long as it holds above 1.26.
This trade idea has a 5 risks to reward ratio.
Good luck trading :)
VBIV set for huge gains on Monday?It's too early for me to enter into a position here, but as WIN219 mentioned in his recent idea, an obvious Adam and Eve chart pattern is forming. If $2.36 - $2.40 price level holds up and the pattern completes, I will open a long position. This might be a great buy opportunity if the chart plays out.
SATS - Bullish Adam & Eve Reversal?SATS has been staging several strong rebounds since late March which failed. However the stock fell on 29 May with a massive volume but without forming a new low from the March's low. There is a chance that the weak bulls have been flushed out once and for all and that the rebound that started 2 days ago is sustainable this time, especially when it appeared to have formed an Adam & Eve base formation. Time to stake it for some upside. Long @ 3.00 with initial stop just below 2.85 and looking to scale out @ 3.28-3.30 then 3.55 and perhaps even 3.80 if lucky.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
CADJPY Adam and Eve 👫Adam is a term that describes how the bottom looks, in this case, a narrow, pointed bottom, perhaps with a one-day downward spike. Eve bottoms are more rounded looking and wider. If they have spikes, they tend to be more numerous and shorter. Many times the difference between Adam and Eve is the width of each over their entire height. Adam bottoms tend to remain narrow but Eve bottoms widen over their height. When trying to decide which is which, ask yourself if the two bottoms appear different or similar. With Adam & Eve, the two should look different (the first narrow and the second wide).
BTC/USD Adam and Eve double bottom on a daily chartBulkowski's Adam & Eve Double Bottom is a bullish chart pattern with twin bottom at about the same price. "Two distinct valleys that look different. Adam bottoms appear first and are narrow, V-shaped, sometimes with one long price spike. Eve bottoms appear after Adam and are wide and more rounded looking. Spikes that appear tend to be more numerous and shorter on Eve bottoms." The current BTC/USD daily pattern looks just like that. Lets see how this one will play out. If it breaks upwards target is at least the depth of the formation which would take us close to 11k
[ADAM & EVE] IOST/BTC 4HAdam & Eve pattern spotted.
Measured move from base to peak *on breakout* is 80 sats.
ETHUSD 1h, primed for a breakout. Adam & EveHello fellow traders,
Today we have the ETHUSD pair on the 1 hour candlestick chart. We can see a bullish chart pattern taking shape here.
According to Thomas Bulkowski's Encyclopedia Of Chart Patterns, the Adam and Eve formation is characterized by a sharp and deep first bottom on high volume (Adam). The stock bounces and develops a more gentle correction, printing a second bottom (Eve) on lower volatility. Eve's rounded bottom takes longer to develop than the Adam spike and it is characterized by lower volumes.
As you can see, we have he higher volume, and deeper downside on the first spike (Adam), and lower volume, with a gentle upside correction (Eve).
I believe if ETHUSD 1hr candle closes convincingly above $205 it will open up a good long opportunity.
Thanks for reading, let me know if you agree or disagree.
hold on to you hats!as we speak on the 4hr chart we have an adam and eve forming which will take roughly to the median line of the pitchfork
XZCBTC 4HXZC ; I think the last bottom levels in sales. Seems to be possible there are of the Wolfe & Adam-Eve patterns and the RSI divergence is about to occur and a nice double bottom is formed. I expect a volume break soon. Break a leg&Good Luck!
CADJPY 4HCADJPY; seems to have done Breakout. Bat and Adam&Eve Patterns are possible, i think TP1 area is ideal for now.. Good luck!
$ALGO / $USDT : Adam & Even bottom confirmed?Take a look at this beautiful chart. Even if ALGO/USDT pair is bearish on a long-term scale (bearish flag), we can hope for a quick recovery to retest this big flag.
It can offer a 40% gains and it should be easy to trade.
