Netflix, Inc.
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NETFLIX - My Trading Plan in a picture!

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Hello everyone, if you like the idea, do not forget to support with a like and follow.

on DAILY: right
NFLX is overall bullish trading inside the blue channel and is now approaching the lower trendlines and 500.0 support, so we will be looking for trend-following buy setups.

on H1: left
NFLX is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)

Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)

Meanwhile, until the buy is activated, NFLX would be overall bearish can still trade lower till the lower the 500 support.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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