Iakovlevin
Long

AUDUSD, longterm analysis

FX:AUDUSD   Australian Dollar / U.S. Dollar
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.
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