Adobe - The major triangle breakout!

18 set

🎯Adobe (ADBE) breaks out soon:

🔎Analysis summary:

For the past five years, Adobe has overall been consolidating within a bullish triangle pattern. This triangle seems to be quite similar to the triangle which we saw back in 2012. And with the current retest of the confluence of support, Adobe will now initiate the triangle breakout.

📝Levels to watch:

$360

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

29 set

Trade attivo

🎯Adobe (ADBE) respects the triangle:

🔎Analysis summary:

As we are speaking, Adobe is sitting at a key structure level, potentially deciding about its entire future. Either Adobe will break lower soon, or we will see a major bullish reversal. But looking at the bullish triangle, I clearly favor the bullish reversal.

📝Levels to watch:

$360

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

6 ott

Trade chiuso: obiettivo raggiunto

🎯Adobe (ADBE) reverses right now:

🔎Analysis summary:

Exactly for the past five years, Adobe has been consolidating. But now, with the current retest of confluence of support, Adobe is heading for the ultimate triangle breakout. At least, we will witness another +50% move towards the upside from here.

📝Levels to watch:

$360

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION