jomni

Bearish Pin Bar NXTBTC

POLONIEX:NXTBTC   NXT / Bitcoin
Bearish Pin Bar formed on a general downtrend. Observe price action during the next day.
Comment: Well it did go down and we can go short. But unsure about risk reward. There is some support nearby. Or it might just go past it and form a lower low.
Comment: Now it's up. Keep observing. If we were able to go short, do we keep holding?
Comment: An agonising position.
Comment: Well it seems to have gone down now.
Comment: Theoretically position should be closed on 6/10.