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Binary Options: The Channel of the Trend

We have learned in previous Binary Options tips about the different methods of reading a chart. We have seen that support When investors and traders use the term support When investors and traders use the term support When investors and traders use the term support, or support level, they are often speaking about a p... More , or support level, they are often speaking about a p... More , or support level, they are often speaking about a p... More lines and resistant lines create patterns that we can follow to make better trades. What is key, is that we focus on the Channel of the chart–this is the path created by the combination of the resistant and support lines. Where that path ends is where you will make your money. The trends go up and down but the channel is the break, when the direction goes in the opposition and when you need to make your trade.

By looking at these graphs you will see the channels as they move up and down. Following the channel will help you determine when to CALL or PUT immediately.

 

Channel Graph1