Binary Options and Harmonic Patterns
How to trade Binary Options by FxMath Harmonic Patterns Scanner?
For Binary Options we have two trading modes UP and DOWN. In Binary Options instead StopLoss and Takeprofit, traders are using Expiry Time for closing open trades. Harmonic Patterns help us for trading Binary Options and increase our winning rate to above 80%.
In Harmonic Patterns we have two patterns types Bearish and Bullish. For Bullish patterns we have Buy and for Bearish Sell opportunities which for trading Binary Options Patterns names are not important and only main item is bearish or bullish pattern type. When scanner finish searching market and find new patterns, you must wait candle closed for each signal and at beginning next candle open trade. Expiration for trade must be candle time length. For example scanner finds signal at TimeFrame M15, your trade expiration time is 15 minutes. If you are trading Daily, your expiration will be 24 hours and so on.
Some successful trading with FxMath Harmonic Patterns Scanner
Pattern is bearish and trade is PUT
Another PUT trade
Pattern is bullish and trade is CALL
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FxMath Financial Solution