NETFLIX- At multi year POC, got rejected from Fib 0.382 , touched and rejected from bearish trend line.
These 3 factors, specialty the POC level, giving me (for my opinion :) ) very good opportunity to short with very good R:R.
My TP is the lower trend line of the correction channel which is also Fib 0.236.
Good Luck.
These 3 factors, specialty the POC level, giving me (for my opinion :) ) very good opportunity to short with very good R:R.
My TP is the lower trend line of the correction channel which is also Fib 0.236.
Good Luck.
Note
Nice move, 292 is on the way.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.