Night_Trader

Head and Shoulders: 3 of 3 possible trade setups.

Short
BATS:NFLX   Netflix, Inc
1
Head and Shoulders

If the neckline gets broken, we have a head and shoulders pattern with a stop above the right shoulder and a R/R 1 : 1 target.

The other trades are the AB=CD completion. (See different chart...below.)

And a reversal after the gartley completion. (See different chart...below.)
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.