Adobe Inc.Long
NASDAQ: ADBE
in the 2hr timeframe we can see price is creating an equal high in the resistance area , and when price bounced from the resist to the support ,
We see a change of structure with a form of inverse head n shoulder pattern , with the rejection at the 78.60% just at the golden area ,
in this case we can take a long opportunity with the current oversold market , but we need price to break the EQH then we can a see a push to the upside .
RR 1:4
let me know what do you think about this one !
We see a change of structure with a form of inverse head n shoulder pattern , with the rejection at the 78.60% just at the golden area ,
in this case we can take a long opportunity with the current oversold market , but we need price to break the EQH then we can a see a push to the upside .
RR 1:4
let me know what do you think about this one !
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.