NFLX

Bull Scenario

NFLX triggers Bull to Mark Up into our Bull Targets

NFLX finds support at our Bear Trigger to Mark Up into our Bull Trigger

Bear Scenario

NFLX triggers Bear into our Bear Targets

NFLX finds Resistance at our Bull Trigger and Marks Down into our Bear Targets

Neutral

Price action stays within our Trigger levels (inventory rebalance)

Side Note

Each level has potential to reverse not all targets may be met.