Signal NETFLIX Sell — H4 - June 3, 2026 08:49 GMT-4
The H4 chart of NETFLIX reveals a clear bearish trend characterized by lower highs and higher lows, with key resistance levels failing to hold. The most recent candle closes at 83.33, marking a critical breakdown below the prior support zone established near 83.07-83.29. This low-volume close (8114) suggests a potential consolidation phase, but the broader context shows a consistent decline since the 86.37 high. The price action has been pressured by a series of bearish patterns, including a deep pullback to 83.33, which aligns with the sell signal. The SL at 86.37 corresponds to a prior high where buyers attempted…