GBPJPY Adam Eve Double Bottom Pattern Sample
As seen on the chart the pair made two bottoms at 131.250.
The first bottom is Adam, which is a narrow pointed bottom. The second bottom is an Eve bottom. Eve bottoms are more rounded looking and wider.
The neckline of the pattern is 133.750.
The trading strategy is to buy the breakout of the neckline. The targets of the pattern are 134.200 134.900 and 135.920.
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