A sharp and deep first bottom on high volume (Adam). It then bounces and develops a more gentle correction, printing a second bottom (Eve) on lower volatility.
Eve's rounded bottom takes longer to develop than the Adam spike and it is characterized by lower volumes. Price action congests into a tight range and then breaks to the upside
Eve's rounded bottom takes longer to develop than the Adam spike and it is characterized by lower volumes. Price action congests into a tight range and then breaks to the upside
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