ADBE at Volume Profile Node

2024年4月8日

This morning ADBE triggered a Spike Alert on the opening 30 minute bar. I double checked this signal against Volume Profile.

On the weekly there is a major Volume Profile node at 480 considering the bullish trend from September 2022 to January 2024. The spike this morning touches this level and have moved off with a significant Spike:


The Spike allows me to start a trade on the 30 minute timeframe with low risk and a 3:1 Reward/Risk ratio with the intent to play the higher timeframe Weekly move as a major pullback.

If we increase the time considered the Volume Profile node becomes even more significant as the POC (Point of Control) for the price action going all the way back to COVID low.

2024年4月11日

交易开始

For a third time this week ADBE has come down to test that 480.40 VP level and held. I added a few more shares this morning on the level proper to fill out my risk allotment. We shall see...

2024年4月12日

交易结束：到达止损

Cut... a market in pullback can kill otherwise good trades