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Sep 17, 2019 12:36 AM

A short chart pattern for ADBE Short

Adobe Inc.NASDAQ

Description

I identified a falling wedge or a downtrend asymmetrical triangle that has been developing since August 2019. After the breakout from the pattern, an entry upon its retracement to the resistance line.

Entry : 279.74
Exit : 280.03

I exited with a loss because I just realized the risk is too big for me at the moment. I sold a call credit spread and the max loss is so skewed.
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