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XXXVII Fnord is toast without bread


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November 19, 2018, 07:49:04 AM

I reopened a medium-sized short around 5.6k. Just in case she's only teasing us with this move up.

The hardest part is figuring out sensible stops.

Sorry for little OT about btc market.  Tongue



What move up Eddie?  
Looking at the hourly chart in retrospect, I see a very tall wicker on a red candle. It almost touched 5700 (bitmex). It happened ~8 hours ago.

Tall wicker candle not a good sign for a rise in price, indicates indecision and likely downturn.

https://en.wikipedia.org/wiki/Shooting_star_(candlestick_pattern)