In this Elliott Wave analysis, we will review the trend structure of Netflix Inc., (NFLX) using both the daily and 1-hour charts to assess the current wave position and potential price movements.
But of course, any early decline back below lower ending diagonal line and 4300 level would be signal for a completed wedge pattern within wave (5). ETHUSD 1h Elliott Wave Analysis Ethereum is ...
If 1.3 support zone is broken, then retracement can be deeper and more complex but still wave 4 (of an ending diagonal) within uptrend. For more analysis check our video below as well.