NFLX — What I'm Watching 📊
Netflix just rejected a key level and created fresh supply.
Here's what matters:
THE SETUP: Price rejected hard off 82.30 today and printed a new supply zone. There's inefficiency sitting below around 78 that could act as a magnet if this rejection holds. Clean structure for a potential move lower.
WHAT I'M WATCHING: IF price retraces back into that supply zone → I'm interested in shorts targeting the swing low IF price accepts above the supply → Thesis is off, no trade
THE EDGE: This isn't a "short now" — it's a "know where to wait" setup. The supply zone sits above current price, which means we need patience for the retrace. No forcing. No chasing.
REMEMBER: Structure tells you WHERE. Price action tells you WHEN.
🔒 Trading Desk members have the exact entry zones, stop placement, and precise targets.
They'll get real-time updates as this develops.
Learn the method here. Execute with support there. → https://www.skool.com/the-trading-desk-2388/about
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NFLX — What I'm Watching 📊
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