Adobe Inc.

ADBE - Reversal Strategy Long Setup

141
ảnh chụp nhanh
🍀Overview

  • I am not a discretionary technical analyst, so I rely on predefined setups rather than subjective chart analysis. I built the rules into a strategy to make the decision-making process more systematic.
  • This setup occurred before the strategy was developed. The trade is documented retrospectively and will be followed until the strategy exits or a discretionary exit is executed according to predefined rules.

🍀Process

Ticker: ADBE
Date: 15/06/2026
Timeframe: Daily
Direction: Long
Strategy: Reversal Strategy
Strategy Overview: Overview: A Reversal Strategy for Trading on the Daily Timeframe
Strategy Chart: Please refer to the 2nd screenshot

Signals
  • Main signal: RSI Signals crossed above 30, indicating an exit from the oversold zone. This contributed a score of 0.5
  • Confirmation signal: NATR Oscillator reached 90.31, exceeding the required threshold of 80. This contributed a score of 0.5

Signal Scoring
  • Main signal score = 0.5
  • Confirmation signal score = 0.5
  • Long setup score = Main signal score + Confirmation signal score = 0.5 + 0.5 = 1.0
  • Long score threshold: 1.0
  • The long setup score met the required threshold. The strategy therefore placed a long bracket order.

Risk Management
  • Reward-to-risk ratio: 4:1
  • Entry: 206.36 (the close of the setup candle)
  • Stop distance: 45.38 (approximately 4x daily ATR)
  • Target distance: 181.53 (approximately 16x daily ATR)

Order Management: Bracket order
  • Limit entry: 206.36
  • Market stop: 160.98
  • Limit target: 387.89

Baseline
  • Assume the worst has already happened: the stop loss has been reached.

🍀Outcome

Trade Execution
  • 15/06/2026: The daily candle closed, triggering the strategy to place a long bracket order.
  • 16/06/2026: Price reached the trigger level, and the long entry filled.

Trade Status
  • Trading: active

P.S. I’m currently applying this strategy to the Nasdaq-100. Let me know which stock you’d like me to look at next.

Stay lucky!🍀

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