18d (edited) • 🚨 Live Trades
[Closed] – ADBE – LONG – SWING
Status: Entry Filled / Managing
TRADE SETUP
Entry:
- Long position entered at 302.76
- Entry taken inside higher-timeframe demand: 278–297
Key Level:
- 279
- 255
Stop Loss:
- 255 (hard stop)
- A break below this level invalidates the trade
Targets:
- T1: 343
- T2: 400
- T3: 431
- T4: 500
- T5: 500+
MANAGEMENT PLAN
- If price holds above 278.23, the position stays open.
- If price breaks below 278.23, the position is closed — no re-entry.
- At 343, partial profits will be taken and risk reduced.
- If price continues higher, the remaining position is managed toward higher targets.
- If price moves sideways, patience is required — no forced action.
WHY THIS TRADE MAKES SENSE
Price has pulled back into a higher-timeframe demand zone between 278 and 297. This zone was responsible for the prior move that carried price higher before distribution began near 635.
When price leaves an area with strong expansion and does not return for an extended period, that area becomes a reference point for future reactions. The purpose of this trade is to observe whether that same area continues to attract buyers when price revisits it.
At the moment, price is beginning to stabilize on the daily timeframe, suggesting that selling pressure may be slowing. This is not confirmation of a reversal, but it is consistent with what is typically seen when price responds to higher-timeframe demand.
Risk is clearly defined. The position is invalidated if price trades below 278.23, which removes the demand thesis. As long as price remains above this level, the trade remains structurally intact.
This is a location-based position, taken with the expectation that price may require time to develop. The focus is not on short-term movement, but on whether price can hold above demand and gradually work higher over time.
🔔 Tap the bell to stay updated as this trade develops.
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[Closed] – ADBE – LONG – SWING
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