Binary Options Strategy Using the Wolf Wave Pattern

We construct trend lines through the local minimums and local maximums 1,2,3,4 in the following order:  from point 1 through point 3, from point 1 through point 4 and from point 2 through point 4. The price touches the continuation of the trend line coming from points 1 and 3 an this is the place (point 5) where we open the position (in this example it is preferrable to open a short position). It is expected that the price will reach the continuation of the trend line going through points 1 and 4.

wolfe pattern

This Trading Strategy is provided by Dimitar Petkov

 

The charts and strategies in this article do not comprise any form of advice or recommendations by ActionBinary.com to buy, sell (or refraining from making) any trade or investment. It is recommended that you seek independent advice before entering into transactions.

 

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