$ADBE Short Idea
Macro
Micro
As we see
ADBE challenging her main downtrend line therefore I can assemble a low-risk high reward trade.
Main reasons :
1) Trendline meeting
2) Double-top pattern
3)Market profile (since the gap-up) POC at 330
4)Close below 100 EMA
My main idea in nowadays market is bearish and that's leading me to take a more bearish approach X.X
Final notes :
I'm only interested in this trade ifADBE will show me more weakness at 2.12.22 (Friday)
𝘠𝘰𝘩𝘢𝘪 𝘋𝘦𝘫𝘰𝘳𝘯𝘰 𝘛𝘳𝘢𝘥𝘦 𝘐𝘥𝘦𝘢𝘴
Micro
As we see
ADBE challenging her main downtrend line therefore I can assemble a low-risk high reward trade.Main reasons :
1) Trendline meeting
2) Double-top pattern
3)Market profile (since the gap-up) POC at 330
4)Close below 100 EMA
My main idea in nowadays market is bearish and that's leading me to take a more bearish approach X.X
Final notes :
I'm only interested in this trade if
ADBE will show me more weakness at 2.12.22 (Friday)𝘠𝘰𝘩𝘢𝘪 𝘋𝘦𝘫𝘰𝘳𝘯𝘰 𝘛𝘳𝘢𝘥𝘦 𝘐𝘥𝘦𝘢𝘴
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