NFLX: Head & Shoulders + Gaps → Bearish Scenario
By:TradingView
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
On the daily timeframe, NFLX is showing a MA crossover along with a developing Head & Shoulders pattern, which supports a bearish outlook.
There are also two gaps below that price may aim to fill, adding more weight to the short scenario.
Targets:
* 75.38 — first target (gap fill area)
* 24.49 — next target after potential breakdown or retest
Overall, the structure suggests a short move, at least as a continuation toward lower levels.
There are also two gaps below that price may aim to fill, adding more weight to the short scenario.
Targets:
* 75.38 — first target (gap fill area)
* 24.49 — next target after potential breakdown or retest
Overall, the structure suggests a short move, at least as a continuation toward lower levels.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
BNB Chain post-quantum test cuts BSC TPS by 40%
Crypto.News•2026/05/19 09:09
MemeCore au-dessus de 3 $ : pourquoi Maxi Doge attire aussi
Newsbtc•2026/05/19 09:06
Solana Fails Channel Breakout—$78 Support The Next Destination?
Newsbtc•2026/05/19 09:06
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$76,978.48
+0.13%
Ethereum
ETH
$2,130.34
+0.63%
Tether USDt
USDT
$0.9991
-0.02%
BNB
BNB
$641.71
+0.36%
XRP
XRP
$1.38
-0.13%
USDC
USDC
$0.9998
+0.01%
Solana
SOL
$85.15
+0.58%
TRON
TRX
$0.3553
+0.00%
Dogecoin
DOGE
$0.1045
+0.44%
Hyperliquid
HYPE
$48.18
+5.84%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now