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Eve and Eve Bottom

The Eve and Eve Bottom has two rounded troughs with a rounded peak between. Soft pattern at bottom.

EveEveNecklineEve Eve Bottom: 2 rounded troughs → Break neckline → Rise

Pattern Details

Category

reversal

Success Rate

73%

Average Move

+19%

Duration

4-8 weeks

Pattern Structure

Pattern Structure
Key components that define this chart pattern
  • 1
    Trough 1: Rounded, curved (Eve)
  • 2
    Peak: Rounded, curved
  • 3
    Trough 2: Rounded, curved (Eve)

Trading Rules

Trading Rules
Essential rules for trading this pattern successfully
  • ✓
    Enter long position when price breaks above peak
  • ✓
    Patiently wait for pattern completion
  • ✓
    Target = Distance from trough to peak
  • ✓
    Stop loss below lowest trough
Trading Tips
  • Double rounding bottom
  • Pattern forms slowly but reliable
  • U-shaped volume pattern

Statistics

Breakout Statistics
Bullish Breakout73%
Bearish Breakout27%
Performance Metrics
Average Rise+19%
Average Decline-4%
Pullback Rate8%