publish2017-08-01 4:10 pm

backBack to the list of Articles

Binary Options Trend Lines

binary options trend lines

The amount of information needed to evaluate the current situation of an asset price and the market trend is massive, to make it easier and faster to read, many graphical representations have been created, to deliver critical information about the asset price trend and anticipate its moving direction.

What are Binary Options Trend Lines?

The binary options trend lines are straight lines draw on a price’s chart, which connect different points of a recorded asset price, and it is extended into the future to set as a supporting or resisting line. Trend lines are used in technical analysis to graphically represent the price trend of a particular asset and deliver this information in seconds to let the trader know if the price trend is upward, downward or it will experiment a reverse trend.

Understanding trend lines

·Price chart is the graphical representation of the asset price for a period.

·Price trend is the asset predominant price moving direction for a period, increasing its price is name uptrend or decreasing its price is called downtrend, on the other hand, when a trend changes its direction is named reversal.

·Uptrend line is formed by connecting two or more consecutive low points. In an uptrend line, the second and the subsequent low points must be higher than the previous one.

·Downtrend line is formed by connecting two or more consecutive high points. In a downtrend line, each successive high point must be lower than the previous one.

·Support line in trend lines; the support line is the same uptrend line when a low point falls below it; it may indicate a price reversal and anticipate a price fall.

·Resistance line in trend lines; the resistance line is the same as the downtrend line when a high point breaks above it; it may indicate a price reversal and anticipate a price rise.

·Reversal a potential reversal might occur each time a trend line is broken.

Using Trend Lines

· Three or more consecutive high points lower than the previous may be a downtrend indicator

· Three or more consecutive low points higher than the last may be an uptrend indicator

· Any breaks in a trend line may indicate a price reversal

· The longer the expire time, the more accurate the trading line will be

· Some other indicator may be used to confirm a current trend

Benefits of using trend lines for trading binary options

· Using trend lines you can get accurate information about a trending pattern or a price trending for an asset.

· Trend lines when are properly used can anticipate the right price movement direction, monitoring the trend lines as supporting and resisting lines will identify a reversal point when the lines are broken.

· Trend lines are easy to draw, and their patterns are easy to identify.

join to Iq option broker


Relates Tips and tricks...

publish2018-04-22 5:52 pm

Bytecoin Review - Cryptocurrency Guide

Bytecoin is the first type of cryptocurrency which ensures that secure CryptoNote protocol can be used for the security of users. It provides 100% untraceable transactions with the help of ring signatures and stealth addresses. However, the algorithm of Bytecon which is known as CryptoNight was created by BCN developers in collaboration with CryptoNote team.


publish2018-04-21 10:09 am

Bitcoin Gold Review - Cryptocurrency Guide

Bitcoin Gold is a new type of cryptocurrency which was designed by Jack Liao. Jack Liao is Hong Kong based mining enterprises. However, this currency is a clone of Bitcoin. If you have 1 BTC, you will be able to exchange it on 1 BTG. However, the creator has designed this currency with a purpose to become a better version than Bitcoin. This project was launched on global marketplace back in November 2017. Now, it is ready to grow a new coin generation.


publish2018-04-20 5:01 pm

Swissborg Review - Incoming ICO

 Swissborg is a bank that will offer money related advice, speculation administration and other budgetary administrations for cryptocurrencies. They have been building a robo-consultant since 2015, and have chosen to reorient this to serve cryptocurrencies as opposed to customary fund.


Leave a Reply

Your email address will not be published. Required fields are marked *


Economic Calendar

Powered by

The information contained in this website is for general information purposes only. This information is not an alternative to investment advice. Financial instrument and investment options are highly complex instruments, any potential client needs to study and fully understand the risk and financial implication before he engages or stars using any of those. We encourage searching for private and expert financial advice and getting sufficient knowledge before you start trading and every time you consider any financial instrument. is not licensed nor authorized to provide investment advice or investment services. does not promote, advice, or make any personal recommendation to clients to trade binary options nor to hire or work with any binary trade broker. This website is independent of binary broker featured on it. Before any client star trading or use any broker service, he must do his own investigation about broker legal license, registration and government authorization to ensure his suitability, and client must completely understand all the risks involve with any financial instrument and/or trading options or opportunities before he even considers start trading. The information is provided by, we make no representations of warranties of any kind, express or implied about the accuracy, reliability, suitability with respect to the website. Any reliance you place on such information is therefore strictly at your own risk. This has financial has financial relationships with some of the product you see on this website. may be compensated every time a potential client click any of those links and/or open an account of hiring any of the services offered by third parties. Binary options trading entail a high risk for all potential clients to lose all of their invested money.

Copyright © 2017 ·

Recommended Crypto Exchange for Beginners
buy btc with credit card