1-2-3 60 Seconds Binary Options Trading Strategy

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1-2-3 60 Seconds Binary Options Trading Strategy

This binary options strategy uses a 60 seconds timeframe. In this method, you will only have to focus on the Fibonacci levels, specifically the 161.8 levels. Fibonacci predicts spaces of support and resistance in the market. The 161.8 level is used to set a price target on a breakout of an ascending triangle.

This strategy works on a 1-minute timeframe or 60 seconds. On the 1 minute chart when the price hits the 161.8 and bbands confirm, this is a breakout!

Instructions:

  • The current price must hit the Fibonacci level of 161.8. Once 161.8 is hit in an uptrend place a call. Once 161.8 is hit in a downtrend place a put.
  • When the price is approaching 161.8 and you’re sure a trade is coming, look at your bbands for confirmation. If they are squeezing avoid the trade, if they are separating, jump in.

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