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 493.03
  • Support S1: 492.13, S2: 491.27 , S3: 490.37
  • Resistance R1: 493.89 , R2: 494.79 , R3: 495.65