Netflix has been in a Downtrend since July 19th.
After its failed attempt at a Higher High, price decided to break down below its Low (Point A) beginning my Bearish Sequence Setup and I believe it is on the move to Retrace to the Fib'd Range @ 412.27 - 398.52 to be rejected down to Sequence Target @ 315.6 - 283.05!
As for indicators, Price Action has moved beneath a curling 200 EMA and my Dynamic Support & Resistance strengthening my Bearish Bias.
After its failed attempt at a Higher High, price decided to break down below its Low (Point A) beginning my Bearish Sequence Setup and I believe it is on the move to Retrace to the Fib'd Range @ 412.27 - 398.52 to be rejected down to Sequence Target @ 315.6 - 283.05!
As for indicators, Price Action has moved beneath a curling 200 EMA and my Dynamic Support & Resistance strengthening my Bearish Bias.
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
Keep It Current,
With Novi Fibonacci!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
Keep It Current,
With Novi Fibonacci!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.