The NETFLIX M5 chart exhibits a clear downtrend, with the price consistently making lower highs and lower lows since the beginning of the candle window. The recent bearish engulfing pattern on May 4th reinforced this downtrend, as the price broke below the 20-period moving average. The volume has been declining, confirming the weakness of the move. The price has also been trading below the 50-period moving average, further supporting the bearish bias. Given this technical context, the sell signal makes sense, as it capitalizes on the downward momentum and potential resistance at the 87.45 level. The stop-loss and take-profit levels…

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