Topic: 60 min binary option
60 Min Reversal Binary Options Strategy With Trading Channel
Here’s a really simple yet profitable binary options strategy with 60 min expiry time. We will be using the 5 min charts to put this strategy to work. This strategy concept is based on trade reversals.
Binary Indicators: BinaryChannel_BO indicator
Analysis Tools: N/A
Time Frame: 5 min
Trading sessions: Any
Currency pairs: Any
Commodities: Gold, Oil
Buy CALL Option:
• Price touches the lower trade channel band
Buy PUT Option:
• Price touches the upper trade channel band
We use 1 hour expiry time. Some other people find 15mins expiry more profitable. Do your experiment. Close the trade at 60 minutes (that’s 12 X 5 min candles).