I believe it is last candles of Netflix Bearish trend because we have a huge support which is the blue line plus we are close to earning date.
My entry point will be after breaking the dynamic resistance and the purple area.
As you can see after breaking those purple areas, Its a good entry point, but price might have some struggles after reaching the second purple cluster. So after breaking it, it would be another good entry point.
Now the price has broken thorough the triangle chart pattern but still we have a huge resistance, after breaking thorough the resistance I see a good entry point.
You can also check out my other analyses on Tesla.
As you can see, we are in a bullish trend which can be considered as a bullish TRIANGLE Chart pattern. After breaking the resistance, it will be a good entry point and it goes high till FIB RET 0.618 with ease.
As it is characteristic, The price has been in a huge trend for a long time, Now we have to see if the break out is real or fake. If it is a real break out we have to see a testing to the line after breaking out and we go for sell position.
We have got huge resistances on our way to top, After breaking the triangle chart pattern the price is going to be long but it might struggle with upcoming resistances. Of Couse there is possibility that price would break the triangle downward.
We have A huge support which is the blue line plus we have a dynamic support. So I believe it is not too much possible that price breaks the support. And there is a low risk entry which I have shown it for you.