Adam and Adam Top

The Adam and Adam Top has two sharp peaks (Adam) with a sharp trough between. Overall shape is angular.

AdamAdamNecklineAdam Adam Top: 2 sharp peaks → Break neckline → Decline

Pattern Details

Category

reversal

Success Rate

76%

Average Move

-15%

Duration

2-4 weeks

Pattern Structure

Pattern Structure
Key components that define this chart pattern
  • 1
    Peak 1: Sharp, pointed (Adam)
  • 2
    Trough: Sharp, pointed (Adam)
  • 3
    Peak 2: Sharp, pointed (Adam)

Trading Rules

Trading Rules
Essential rules for trading this pattern successfully
  • Enter short position when price breaks below trough
  • Two peaks should have similar shape
  • Target = Distance from peak to trough
  • Stop loss above highest peak
Trading Tips
  • Adam = sharp, fast peak
  • More effective than standard Double Top
  • Look for divergence with oscillator

Statistics

Breakout Statistics
Bullish Breakout24%
Bearish Breakout76%
Performance Metrics
Average Rise+5%
Average Decline-15%
Pullback Rate8%