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.
Comment:
Nice move, 292 is on the way.