ADBE - Reversal Strategy Long Setup

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ADBE - Reversal Strategy Long SetupAdobe Inc.BATS:ADBEflukefluke_🍀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!🍀