Updated
Bearish Pin Bar NXTBTC

Bearish Pin Bar formed on a general downtrend. Observe price action during the next day.
Note
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.Note
Now it's up. Keep observing. If we were able to go short, do we keep holding?Note
An agonising position.Note
Well it seems to have gone down now.Note
Theoretically position should be closed on 6/10.Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.