ADOBE INC - Forming Bat Pattern. Which will give target as Marked in yellow 323 . Also there is huge gap down so gap filling will happen. Disclaimer - This is my personal view for learning purpose. Not a trading recommendation.
Note
This Pattern will be Valid only if it cross the Point B 300 & Above. Else Bearish. As this is Bearish Bat
Trade active
285 to 303 ..
Note
It has crossed Point B and its Valid
Trade closed: target reached
100 % Target hit and it started to fall after hitting the target. Will update the latest pattern in sometime.. Power of Price Action works Perfect.
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.