Analysis:
1. Overall bearish trend.
2. Daily bullish correction before the trend continuation.
3. Smaller correction in a form of bullish flag.
4. Bullish flag might be a part of a head-and-shoulders.
5. ABCD pattern in a C point.
6. C point also is a previous support level. Should serve as a resistance.
Trading opportunities:
1. Buy @ flag support, first target - previous high, second target - C;
2. Sell at the breaking support of the flag. It is a sign of the correction's end;
3. Sell at C point for a long-long journey to the abyss.
Good luck, folks.
1. Overall bearish trend.
2. Daily bullish correction before the trend continuation.
3. Smaller correction in a form of bullish flag.
4. Bullish flag might be a part of a head-and-shoulders.
5. ABCD pattern in a C point.
6. C point also is a previous support level. Should serve as a resistance.
Trading opportunities:
1. Buy @ flag support, first target - previous high, second target - C;
2. Sell at the breaking support of the flag. It is a sign of the correction's end;
3. Sell at C point for a long-long journey to the abyss.
Good luck, folks.