Adam and Eve is another of my favourite bullish reversal pattern. Yanloard broke above the neckline at 1.35 on 11 Feb and has been consolidating between 1.36 to 1.42 for the past week. The consolidation looks to be a bull flag and I am expecting it would be able to reach a price target of around 1.50 (hmm, just a small profit for now as the adam and eve formation was "shallow").
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.