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Netflix ($NFLX ) and Bitcoin ($BTC ) are completely different assets, but momentum traders can study both through price structure.
A potential setup should begin with clearly defined support and resistance. Breakouts need confirmation, while failed breakouts can signal that the market needs more time before the next directional move.
The key is to avoid chasing sudden candles and instead build the trade around a defined invalidation level and controlled risk.
A setup becomes actionable when price confirms the idea.
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