Netflix And Chill... Until The Buy Zone!Netflix, Inc.BATS:NFLXWicktatorFXNetflix topped in 2022 out of a diagonal — a reversal pattern that appears at the end of a trend. The drop that followed was sharp and fast, which is exactly how diagonals resolve. From that low, price built a clean five-wave impulse into the 2026 high. That impulse is complete, and Netflix is now correcting it. The correction is a simple ABC. Wave (A) dropped, wave (B) retraced into the 0.618, and wave (C) is now driving price lower into the buy zone. The buy zone is where it gets interesting. The 0.382–0.5 retracement of the entire impulse lands directly on the long-term trendline that has held since 2018. Two independent levels pointing at the same area. Once wave (C) completes there, the next impulsive leg higher begins. Targets - Take Profit 1: $134 - Take Profit 2: $236 Plan - Wait for price to reach the buy zone - Watch for wave (C) to complete - Trendline break confirms the entry Goodluck and as always, trade safe!