Two failed attempts at the same low that flip a downtrend. The Eve & Eve variant ranks 5th of 39 bullish patterns; ~84% break-even, ~39% average rise.
8 min read Pattern Deep-Dives
84%
Break-even rate
+39%
Average rise
5 / 39
Eve & Eve rank (bullish)
~64%
Throwback rate
// key takeaways
▸ Two troughs at a similar low with a peak (neckline) between them.
▸ Confirmation is a close above that middle peak — not the second bounce.
▸ Target = pattern height projected up from the neckline break.
▸ Expect a throwback to the neckline before the real move — it is a second entry.
// figure: double bottom (w) pattern
figure.svg
Double bottom (W) — two equal troughs, confirmed on the neckline break.
How it forms
After a decline, price makes a low, bounces to form a peak, then falls again to roughly the same low and fails to break it. That double failure signals sellers are exhausted. The peak between the two lows is the neckline; a close above it confirms the reversal.
The trading playbook
› Entry — on the confirmed close above the neckline, or on the throwback that retests it as new support.
› Stop — below the lower of the two bottoms.
› Target — measure from the bottoms to the neckline and project that height above the breakout.
Adam vs Eve
Bulkowski distinguishes sharp, narrow bottoms (Adam) from rounded, wide ones (Eve). The Eve & Eve double bottom — two rounded troughs — is the best-performing variant, ranking 5th of 39 bullish patterns.
// common mistakes
✕ Buying the second bottom before the neckline breaks.
✕ Requiring the two lows to be identical — a small difference is fine.
✕ Skipping the throwback entry and chasing the extended move.
Frequently asked
See it live in the engine
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Educational content only — not financial advice. Pattern statistics reference Thomas Bulkowski (thepatternsite.com) and published technical-analysis literature.
