Good afternoon dear traders
Binary options signals for the EUR/USD pair. If you stick to the strategy, you can reach results of more than 82% on positive trades.
Today we will show how we made decisions for the binary signal.
- The first thing we did was determine the daily direction of the market. As can be seen from the readings of the stochastic binary indicator, the trend should change. Stochastic is more than 80.
- The second is to reduce the resolution and switch to a schedule of 4 hours. Which confirms the readings of the daytime.
- The third is the hourly chart. The option signal that we receive also shows a sell.
The purpose of this analysis is to determine the beginning of the first corrective wave ( Elliott Wave Theory )
Conclusion: All trades on this binary option are opened for
sale
. The target of 1.137 is the last level of price concentration (daily low).
The news also confirms our decision.
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Tagged with: Binary Options Signals • Binary Options Signals • Binary Options Trading Signals
