ADBE has printed a surprisingly consistent technical pattern since 2023:
A rejection from supply, followed by a gap-down, then a gradual but deep decline.
We may now be witnessing the early stage of a fourth repeat.
📘 Historical Pattern
Zone 1: ~$575
• Gap: –5.71%
• Drop after gap: –12.11%
• Duration: 49 days
Zone 2: ~$551
• Gap: –8.85%
• Drop after gap: –18.55%
• Duration: 32 days
Zone 3: ~$458
• Gap: –6.71%
• Drop after gap: –18.21%
• Duration: 25 days
Zone 4: ~$425 (current)
• Gap: –2.53%
• Post-gap = in progress
🧠 All three prior moves began with a gap, followed by a small bounce, and then a larger sell-off.
Each of them dropped between –12% and –18% from the post-gap high.
🔍 Current Structure
• Price just rejected from ~$425 (1D supply)
• New gap-down of –2.53% has just occurred
• Currently sitting on critical DCS support zone: $382–$388
This is a high-stakes inflection area. A close below this support could trigger the next leg lower.
⚙️ Options Setup (Bearish Thesis)
💡 Trade Idea: Bear Put Spread (400 / 350, Jul 18 expiry)
• Defined risk with a 2.2:1 reward/risk ratio
• Breakeven ≈ $384
• Thesis becomes actionable if price breaks below the $382 DCS support
• Invalidation: strong reclaim of ~$425 supply
This setup targets a continuation of Adobe’s repeating structure.
It limits downside exposure while offering meaningful reward if breakdown confirms.
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A rejection from supply, followed by a gap-down, then a gradual but deep decline.
We may now be witnessing the early stage of a fourth repeat.
📘 Historical Pattern
Zone 1: ~$575
• Gap: –5.71%
• Drop after gap: –12.11%
• Duration: 49 days
Zone 2: ~$551
• Gap: –8.85%
• Drop after gap: –18.55%
• Duration: 32 days
Zone 3: ~$458
• Gap: –6.71%
• Drop after gap: –18.21%
• Duration: 25 days
Zone 4: ~$425 (current)
• Gap: –2.53%
• Post-gap = in progress
🧠 All three prior moves began with a gap, followed by a small bounce, and then a larger sell-off.
Each of them dropped between –12% and –18% from the post-gap high.
🔍 Current Structure
• Price just rejected from ~$425 (1D supply)
• New gap-down of –2.53% has just occurred
• Currently sitting on critical DCS support zone: $382–$388
This is a high-stakes inflection area. A close below this support could trigger the next leg lower.
⚙️ Options Setup (Bearish Thesis)
💡 Trade Idea: Bear Put Spread (400 / 350, Jul 18 expiry)
• Defined risk with a 2.2:1 reward/risk ratio
• Breakeven ≈ $384
• Thesis becomes actionable if price breaks below the $382 DCS support
• Invalidation: strong reclaim of ~$425 supply
This setup targets a continuation of Adobe’s repeating structure.
It limits downside exposure while offering meaningful reward if breakdown confirms.
🙌 Found this helpful?
If this idea gave you value — a like 👍 or comment 💬 goes a long way!
Follow me for more structured trade setups based on price action + context.
Let’s grow with clarity, not noise. 📊💡
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.