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Potential Adam and Eve double bottom
On the daily chart, there is a large, active, double bottom bullish reversal pattern known as the Adam and Eve.
The shape of the pattern typically has two distinct valleys that differ in shape and together hold a descending volume profile.
The traditional long entry occurs after pattern completion on the breach of horizontal resistance with high volume at ~$11,440, which also represents yearly pivot resistance (not shown).
The pattern yields a 1.618 fib and measured move between $14.400 and $17.000
The shape of the pattern typically has two distinct valleys that differ in shape and together hold a descending volume profile.
The traditional long entry occurs after pattern completion on the breach of horizontal resistance with high volume at ~$11,440, which also represents yearly pivot resistance (not shown).
The pattern yields a 1.618 fib and measured move between $14.400 and $17.000
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.