Binary options is simple: Price Action pattern
Binary options continue to gain popularity among novice traders, and first of all, it is connected with the external simplicity of trading: trading terminal without complex graphics constructions and set of indicators, large buttons "CALL/PUT" create an illusion of irrelevance of technical analysis and market knowledge. But the first loss of the deposit puts everything in its place and the understanding comes that one cannot do without the theory of how to make money on binary options . In this article, we'll show you the lucrative patterns that use The Price Action strategy. About candlestick analysis The methodology was developed by the Japanese trade in rice Munehisa Homma in 1755 and has not changed significantly to date. He also found the basic candlestick patterns by which the reversal or continuation of the current price movement is determined. In terms of technical analysis, candlesticks confirm two basic principles: Price (candle) includes