We got today’s binary signals from a simple technical analysis. Using the direction of movement of the asset, starting from the daily chart and up to the 30 minute chart.
I got the question: “Why do I trade short if the daily chart shows a bullish trend, and why then determine the daily movement?”
Answer:
Working with the daily chart of binary options when finding signals, we want to identify and find the following:
- Historical lows and highs, which are the support or resistance of the price.
- Definition of a wave or cycle of motion.
- Definition of the past cycle
Let’s take a look at the options chart for today:
The daily chart shows an upward movement, and yesterday (6/10/2015) the price rose a lot. The price closed at 1.12784. Accordingly, we expect a downward correction of 38% or 50%.
Going to the 4 hour chart is a trading signal for an option down. Accordingly, the movement within the day will also be down.
If there is no news.
The sentry also signals down.
Inference:
Asset Sale (PCI), up to 1.122
Tagged with: Binary Options Signals • Binary Options Trading Signals
