Adobe
Bearish Closed

A Price Action Rising Wedge pattern formation on the 5 Min time frame chart supports Adobe Bearish bias. A break of 515.36 will support the fall towards the target of 513.87 the break of 513.87 would push the price to 512.88.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 538.36
  • Support S1: 537.90, S2: 537.21 , S3: 536.75
  • Resistance R1: 539.05 , R2: 539.51 , R3: 540.20