Dafung

Dafung

Formation of an inverted hammer or a bearish pin bar signifies the bulls are becoming weak and unable to push the price up, bears are beginning to come in. If retest breaks the zone it means it was a fakeout. Wait for confirmation and go short⏬

Dafung

Pair have broken a relatively strong resistance zone. For the trend to be confirmed, it must restest the broken zone and bounces back to head up, therefore making Resistance turn to our new support zone.