Eve-Adam Pattern Forming? A Rare Double Bottom Pattern Explained

1โ€ฏ097
๐Ÿ“‰ Pattern Study (Not a Buy/Sell Tip/Not Forecasting anything)

On the weekly chart of Mamata Machinery Ltd, weโ€™re potentially witnessing a classic yet uncommon pattern โ€” the Eve-Adam Double Bottom.

๐Ÿ” What is the Eve-Adam pattern?
๐Ÿง‘โ€๐Ÿฆฐ Eve Bottom: Broad, rounded, and forms slowly with increased volume โ€” showing gradual accumulation.
๐Ÿ‘ฆ Adam Bottom: Sharp, V-shaped recovery with relatively lower volume โ€” a quick retest signaling renewed demand.

๐Ÿ“ˆ What makes this setup notable?
-A clear Eve structure formed over several weeks.
-Volume started rising visibly into the breakout, especially during the right-side thrust.
-A possible Adam leg is being projected based on the symmetry of the pattern.

๐ŸŸก Additionally, a rounding base / cup-like structure preceded this, which may act as a broader accumulation phase.

๐Ÿ”„ This isnโ€™t a forecast or trade call. Itโ€™s simply a chart observation intended for pattern study and educational analysis.

๐Ÿ“š Patterns like these are rare โ€” but when supported by volume confirmation, they deserve attention from a learning standpoint.



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