Call or Put: How to Avoid False Candle Stick Signals in Binary Options Trading

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Call or Put: How to Avoid False Candle Stick Signals in Binary Options Trading

Posted on by John Thiel

Candlestick formations are probably the best or most effective way to reach insightful conclusions as to how market trends are behaving. Because certain elementary patterns are repetitive or common they often indicate a false or deceptive signal. Looking at more advanced patterns will give you a clearer and more precise picture of market movements, and when you add gaps you will also be able to implement your binary options strategy in a more efficient and profitable way. Gaps are sections on a candle chart where the price of a certain asset fluctuates significantly up or down, with either very little …

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