WHAT IS BINARY TRADING ?
Binary Trading Also called short time trading in this Trader can trade for minimum for 1 minutes and maximum for 1 day . Binary trading is most risky trading among all and it is easiest way to make money compare to other Trading methods . But binary trading is very vast topic a person who want to make money in binary trading requires to much knowledge about each and every candels from making of candles till ending of candels .
WHAT WE WILL LEARN IN THIS ARTICLE?
Today We will learn about the most Famous and Advance breakout candels signals and patterns these patterns are very usefull in BINARY TRADING .
1. BREAKOUT IN MARKET AT SUPPORT AND RESISTANCE
Very important sign ✌🏼
More numbers of candle between two points ( at similar level ) it means the resistance or support level is strong 💪
&
When it start shrinking it may soon give breakout
3.PULLBACK IN MARKET
What is Pullback ? ( In simple words it is nothing but correction but in small / lighter form )
Tip : Try to enter after pullback in bullish market
4. MANIPULATION PATTERN EXAMPLE
Market Manipulation ( when you can see big big shadows n small body of candlestick + trading in perticular zone then its a manipulated market )
observe this amature trader trade during manipulation vs smart trader trade after Manipulation ✅
TIPS
KEEP IN MIND THESE ALL THINGS BEFORE TRADE IN BINARY OPTIONS .
1) MARKET STRUCURE
Step #1 identfying market strucure, the market is in an uptrend. Price is making HH's and HL's
2) PSYCHOLOGICAL LVL.
Step #2 Identfying if there is a Psychological level.
3) FIBONACCI
Step #3 Indetfying a Fibonacci retracement level, connect it from the swing low to swing high because we are in an uptrend looking for BUYS
4) TRENDLINE
Step #4 Identfying if there is a Trendline to confirm your analysis. 3 points are need to validate it. The third touch is tradeable
5) CANDLESTICK
Step #5 Last step, putting everything together, we need a candlestick formation to confirm our idea. After the bullish candlestick closure on the Bullish Engulfing formation, we can enter our trade
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