Technical Analysis of Binary Options - Video
Only at first glance, asset quotes move randomly, up and down according to an unknown algorithm. In fact, the quotes move between support and resistance levelsThe trend lines are the basis of the trend lines. The regularities of these movements are studied by technical analysis of binary options, thanks to which one can know in advance in which direction the price will move in the future, including on binary options 60 seconds. You can see a video demonstrating these patterns just below.
What is technical analysis of binary options
Technical analysis of binary options is the trader's identification of patterns whereby asset quotes are pushed back from the same resistance or support level several times, resulting in the creation of a zone from which the price will bounce in the future. This allows you to turn technical analysis for binary options into a trading strategy, in which most trades will be profitable.
The following screenshot shows a simple technical analysis of binary options on the new platform BinomoThe trader can determine the zone from which the quotes of the asset will bounce in the future in a predetermined direction. In other words - to determine at what level he should make a deal and in what direction.
How to trade binary options video
And the example of tehanalysis demonstrated above is only the smallest part of a huge set of trader's tools, which will help in the vast majority of cases to know in advance the plans of quotations - in what direction to move next! And learning how to do it is easy! Choose a binary options broker with free training and a professional trading platform, like the new Binomo platform.