📉 Pattern Study (Not a Buy/Sell Tip/Not Forecasting anything)
On the weekly chart of Mamata Machinery Ltd, we’re potentially witnessing a classic yet uncommon pattern — the Eve-Adam Double Bottom.
🔍 What is the Eve-Adam pattern?
🧑🦰 Eve Bottom: Broad, rounded, and forms slowly with increased volume — showing gradual accumulation.
👦 Adam Bottom: Sharp, V-shaped recovery with relatively lower volume — a quick retest signaling renewed demand.
📈 What makes this setup notable?
-A clear Eve structure formed over several weeks.
-Volume started rising visibly into the breakout, especially during the right-side thrust.
-A possible Adam leg is being projected based on the symmetry of the pattern.
🟡 Additionally, a rounding base / cup-like structure preceded this, which may act as a broader accumulation phase.
🔄 This isn’t a forecast or trade call. It’s simply a chart observation intended for pattern study and educational analysis.
📚 Patterns like these are rare — but when supported by volume confirmation, they deserve attention from a learning standpoint.
On the weekly chart of Mamata Machinery Ltd, we’re potentially witnessing a classic yet uncommon pattern — the Eve-Adam Double Bottom.
🔍 What is the Eve-Adam pattern?
🧑🦰 Eve Bottom: Broad, rounded, and forms slowly with increased volume — showing gradual accumulation.
👦 Adam Bottom: Sharp, V-shaped recovery with relatively lower volume — a quick retest signaling renewed demand.
📈 What makes this setup notable?
-A clear Eve structure formed over several weeks.
-Volume started rising visibly into the breakout, especially during the right-side thrust.
-A possible Adam leg is being projected based on the symmetry of the pattern.
🟡 Additionally, a rounding base / cup-like structure preceded this, which may act as a broader accumulation phase.
🔄 This isn’t a forecast or trade call. It’s simply a chart observation intended for pattern study and educational analysis.
📚 Patterns like these are rare — but when supported by volume confirmation, they deserve attention from a learning standpoint.
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✅ WhatsApp (Learn Today): wa.me/919455664601
📈 Telegram (Learn Today): t.me/hashtaghammer
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
🎯 Master My Self-Made Trading Strategy
✅ WhatsApp (Learn Today): wa.me/919455664601
📈 Telegram (Learn Today): t.me/hashtaghammer
✅ WhatsApp (Learn Today): wa.me/919455664601
📈 Telegram (Learn Today): t.me/hashtaghammer
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.