Special Candlestick Strategy - Binary Options Trading Signals
Title
Special Candlestick in Binary Options Market
Element(s)
  • Inverted Hammer/Hanging Man Candlestick Pattern

Call/Higher/Touch signal

On upward trend, after price reached peak, a Hanging Man Candlestick pattern has formed. After 1st candlestick, another Hanging Man Candlestick pattern has been developed.

Owing to these two consecutive Hanging Man Candlestick patterns a Call signal is generated, so if price reaches Entry price then given Call signal will become active.

In case that traders cannot place the Call order on given contract when price passes the Entry price, then given Call signal becomes invalid.

On a special occasion, after price crosses the Entry price if it bounces back toward bottom and proceeds lower than Entry price before ordering Call contract becomes unavailable then given Call signal remains valid and reliable.

Concerning Higher contract, given signal forecasts that price may rise over a certain value (Target Price) and stays higher than Target Price before expiration time.

Regarding Touch contract, generated signal predicts that price may meet certain amount (Target Price) before expiration time.

  • Entry Price: High Price of 2nd candlestick
  • Target Price: length of 2nd candlestick over Entry Price

Put/Lower/Touch signal

On downward trend, after price reached valley, an Inverted Hammer Candlestick pattern has formed. After 1st candlestick, another Inverted Hammer Candlestick pattern has been developed.

Owing to these two consecutive Inverted Hammer Candlestick patterns a Put signal is generated, so if price reaches Entry price then given Put signal will become active.

In case that traders cannot place the Put order on given contract when price passes the Entry price, then given Put signal becomes invalid.

On a special occasion, after price crosses the Entry price if it bounces back toward top and proceeds higher than Entry price before ordering Put contract becomes unavailable then given Put signal remains valid and reliable.

Concerning Lower contract, given signal forecasts that price may fall below a certain value (Target Price) and stays lower than Target Price before expiration time.

Regarding Touch contract, generated signal predicts that price may meet certain amount (Target Price) before expiration time.

  • Entry Price: Low Price of 2nd candlestick
  • Target Price: Length of 2nd candlestick below Entry Price

Special Candlestick Strategy

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