Signal NETFLIX Sell — H4 - June 3, 2026 00:45 GMT-4
The H4 chart of NETFLIX (NFLX) reveals a strong downtrend forming over the last month, with price consolidating between 85.82-86.56 before breaking below critical support at 83.33. The recent candle closes at 83.33, a key low, with reduced volume (4545) compared to the prior consolidation phase, suggesting potential exhaustion in the bullish phase. The price action shows a clear bearish structure, with multiple lower highs and lows confirming the trend. The close below 83.33 validates the sell signal, as it breaks the prior support level, indicating a shift in momentum. Volume on the entry candle is lower than the preceding…