Adobe
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Adobe Bearish bias. A break of 521.71 will support the fall towards the target of 507.91 the break of 507.91 would push the price to 498.71.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 499.46
  • Support S1: 498.04, S2: 496.59 , S3: 495.17
  • Resistance R1: 500.91 , R2: 502.33 , R3: 503.78