NFLX - TIME TO GO DOWN PART 2
NFLX went higher than I initially expected but hit the 2.414 fib almost perfectly near closing on Feb 5 2019. Wave B is higher than Wave A by price but it only wicks past on 4h which makes it still valid. NFLX has now just started Wave C and we should see the drop commence tomorrow, watch for a potential drop in pre market hours. Our first target for Wave C would be $319.75 which I got from taking the fib extension of Wave A, where Wave C is usually 1:1 that of A. But that would make Wave C end above that of our Wave A which would make our count invalid. This means that Wave C is most likely 1.272 times the length of A which gives us a price target of $308.8 USD for the bottom of C.
Previous Chart:
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Disclaimer: This is my prediction and I am only posting for education purposes only.
Previous Chart:
Join our discord, Green Hawk's Nest: discord.gg/MfTx3Nt
Disclaimer: This is my prediction and I am only posting for education purposes only.
Nota
Only going down from here, target $308.80 USD
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