NFLX 2H Chart – Bullish Breakout with 4.68:1 RRR Trade Setup

Ticker: NFLX (Netflix, Inc.)

Timeframe: 2-hour

Current Price: $1,210.44

Trend: Price was moving in a downward channel (pink shaded area), but there's a potential breakout forming to the upside.

📉 Pattern Recognition

A falling channel is drawn (marked in pink).

The price appears to have broken out of this falling channel or is testing the breakout.

A bullish reversal is suggested, as there's a highlighted buy zone below the current price.

💡 Trade Setup
Element Value Description
Entry Point $1,184.19 Suggested buy zone
Stop Loss $1,163.47 Risk management level
Target Point $1,281.15 Projected upside target
🟨 Entry Zone

The blue box around $1,184.19 represents a demand zone (possible retracement buy area).

Yellow shaded area = refined zone of interest for buyers.

🟥 Stop Loss Zone

Stop loss below the demand zone, set at $1,163.47 (just below support structure).

Provides cushion against false breakouts.

🟦 Target Zone

Projected target at $1,281.15, aligned with previous resistance or measured move.

Expecting a trend continuation after the breakout.

⚖️ Risk-to-Reward Ratio (RRR)

Entry: $1,184.19

Stop: $1,163.47

Target: $1,281.15

Risk: $1,184.19 - $1,163.47 = $20.72
Reward: $1,281.15 - $1,184.19 = $96.96

📈 RRR ≈ 4.68:1 — very favorable.

🧠 Conclusion

This chart suggests a bullish breakout trade setup on Netflix.

The trade is designed to capitalize on the breakout from a downward channel.

High risk-to-reward setup.

Wait for price action confirmation in the entry zone before initiating a trade.

Watch for volume and overall market sentiment to confirm the breakout strength.