Hello traders,
investors, bears & bulls and all you newcomers
Today I would like to share with you Educational TA. The chart shows possible Adam & Eve doubble bottom pattern forming as title says
The Adam & Eve double bottom is a chart pattern that performs best in a bear market.
Double bottom pattern which occurs when price drops to a low and forms a valley, rises, and then forms a second valley near or at the same price as the first one.
The shape and average price rise action of the double bottom can vary from pattern to pattern.
Adam bottoms are narrow, often one-day price spikes.
Eve bottoms are wider and more rounded looking. Eve bottoms may also contain price spikes, but they tend to be shorter and more numerous.
more in the TA
Hope you find this info helpfull :)
investors, bears & bulls and all you newcomers
Today I would like to share with you Educational TA. The chart shows possible Adam & Eve doubble bottom pattern forming as title says
The Adam & Eve double bottom is a chart pattern that performs best in a bear market.
Double bottom pattern which occurs when price drops to a low and forms a valley, rises, and then forms a second valley near or at the same price as the first one.
The shape and average price rise action of the double bottom can vary from pattern to pattern.
Adam bottoms are narrow, often one-day price spikes.
Eve bottoms are wider and more rounded looking. Eve bottoms may also contain price spikes, but they tend to be shorter and more numerous.
more in the TA
Hope you find this info helpfull :)
Nota
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IF YOU LIKE MY WORK, THEN PLEASE CONSIDER GIVING A THUMB UP TO SUPPORT ME & hit follow so you dont miss any of my new ideas.
Thanks
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Anonymous investor teaches how to master the game towards PERSONAL GRADUAL GROWTH4FREE
IF YOU LIKE MY WORK, THEN PLEASE CONSIDER GIVING A THUMB UP TO SUPPORT ME & hit follow so you dont miss any of my new ideas.
Thanks
IF YOU LIKE MY WORK, THEN PLEASE CONSIDER GIVING A THUMB UP TO SUPPORT ME & hit follow so you dont miss any of my new ideas.
Thanks
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.