Selling momentum is lost with each test of resistance. This indicates that buyers will likely takeover. I'm waiting for a break of resistance before placing a trade. The resistance is also the neckline of an inverted head & shoulders on the daily chart.
YEARN-FOREX
Ordem cancelada
This is why is important to wait for confirmation before placing a trade. I couldh'v entered at market but decided to wait for a clear break of resistance first.
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