Adobe
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Adobe Bearish bias. A break of 609.92 will support the fall towards the target of 573.15 the break of 573.15 would push the price to 548.64.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 486.46
  • Support S1: 485.67, S2: 485.09 , S3: 484.30
  • Resistance R1: 487.04 , R2: 487.83 , R3: 488.41