Adobe
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Adobe Bearish bias. A break of 529.84 will support the fall towards the target of 517.28 the break of 517.28 would push the price to 508.91.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 512.18
  • Support S1: 511.23, S2: 510.35 , S3: 509.40
  • Resistance R1: 513.06 , R2: 514.01 , R3: 514.89