Screenshot from IQoption.com TimeFrame 1minute EUR/GBP
Graph Analysis
How you all can see there are many lines and some of you don't know what does this lines means. So I'm going to tell you. R1 and R2 are resistance lines. S1, S2 and S3 lines are support lines. Now how to make money on this lines?
Short position
I would recommend going into short positioning if the price goes through one of these lines and I would recommend going into binary position for 1 minute! You could go into longer time holding but I think this is a better chance.
Long position
You could go into long positioning if the price goes through one of these lines but you could go only for 1 minute binary position, not more. But it depends on you! This is just my recommendation.
Summary
This is not only for someone who is trading binary options you can also make money when you are trading Forex by broker! And also if you don't know where to start trading binary options look down below here is a link for binary options broker.
I'm Warning you !!
I'm not responsible for your money loses !! I'm here just for make estimates ! The trade depends on you You can just inspire from me !! But if you lose money I will not give you money back and no one will! Stocks exchange is very hazardous have that in mind ! I'm not guarantees accuracy of any content and hence using information on this website is solely your responsibility. The article is only for an informational character(nature) and should not be take(taken) as investment advice for the purchase or sale of stocks(shares) or other instruments. The reader agrees that the purchase or sale of stocks(shares) and other instruments based on the content of this article is at his own risk and liability.
Disclaimer
That all decisions the trader takes itself, and all indicated is not advice and a guarantee of profit
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