The binary options signal is generated by several time frames. Such signals for options trading, obtained in several different time formats, will give us the opportunity to choose how and what to trade.
Let’s analyze the signal for the EURUSD pair
The daily chart shows us that the movement will be in a bearish direction. That is, we will only buy PUT options. 4 hours show us a bullish trend. Our rule is not to trade against the daily trend.
Therefore, today our signals for the EURUSD option will be on the 30-minute chart. Transactions only for the strengthening of the Dollar. With the price target at the level of 1.114. You can open deals with an expiration of up to 3 hours.
Forecast for the NZDUSD pair
Sale of the asset to the level of 0.665. After that, you need to wait out the correction. After the correction, the price may go further to strengthen the dollar. The 30-minute chart shows us that the downward movement is already beginning and that it is possible to open positions.
Using binary options strategies, you can determine the exact entries in the transaction, as well as avoid false signals.
It is better to open fewer trades and get more results than to trade at random.
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