V. 20:11 (34-38): Eve & Eve Double Bottom by Thomas Bulkowski
Product Description
Eve & Eve Double Bottom by Thomas Bulkowski
Here’s a look at one of the four combinations of double bottoms.
You may be familiar with double bottoms, but have you ever heard of an Eve & Eve double bottom? I hadn’t heard of them myself until a few years ago, when I was researching my latest book, Trading Classic Chart Patterns. After discovering the Adam & Eve combinations of double bottoms on HARDRightEdge.com, I expanded their findings to include all four types: Eve & Eve, Adam & Adam, Eve & Adam, and Adam & Eve. I’ll discuss the latter three types in future articles. This article will focus on the Eve & Eve double bottom.
IDENTIFICATION
First, some definitions. Figure 1 shows identification guidelines for double bottoms. Start with a declining price trend leading to the chart pattern. For the best performance, choose a decline that is either long-term (over six months) or short-term (up to three months). An intermediate-term decline (three to six months) leading to an Eve & Eve double bottom suggests underperformance after the breakout.
Here’s a look at one of the four combinations of double bottoms.
You may be familiar with double bottoms, but have you ever heard of an Eve & Eve double bottom? I hadn’t heard of them myself until a few years ago, when I was researching my latest book, Trading Classic Chart Patterns. After discovering the Adam & Eve combinations of double bottoms on HARDRightEdge.com, I expanded their findings to include all four types: Eve & Eve, Adam & Adam, Eve & Adam, and Adam & Eve. I’ll discuss the latter three types in future articles. This article will focus on the Eve & Eve double bottom.
IDENTIFICATION
First, some definitions. Figure 1 shows identification guidelines for double bottoms. Start with a declining price trend leading to the chart pattern. For the best performance, choose a decline that is either long-term (over six months) or short-term (up to three months). An intermediate-term decline (three to six months) leading to an Eve & Eve double bottom suggests underperformance after the breakout.
FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.
| Take Control of Your Trading. |
| Professional Traders' Starter Kit |
| All these items shown below only $299.99! |
| Click Here to Order |