Among the existing types of trading on Pocket Option , trading using technical analysis tools is more popular among beginners than fundamental ones. This is due to the specifics of the latter. To trade binary options on Poketoption using fundamental analysis, you need to constantly monitor financial and other news, as well as navigate economic indicators. Working with technical tools is easier and more accessible. Moreover, most of them are built into the Pocket Option broker terminal by default.

About the trend and rules for constructing technical lines

To understand the essence of a trend, you need to take into account that the price of each financial asset is in constant motion. On the chart, this manifests itself in the form of candles that open in one direction or the other, depending on the levels of supply and demand. Based on the above, we can distinguish three types of trends (or three directions of price movement):

  • upward, in which demand exceeds supply;
  • downward, when there are more offers to sell than demand to buy;
  • sideways (flat), in which the volume of assets offered for sale is approximately comparable to the number of requests for it.

The technical lines of indicators built into the Pocket Option broker terminal help determine the direction of the current trend. You can find these tools in the “Constructions” section.

Tool Technical Lines

On the chart, the trend is shown as two lines: support and resistance. The latter are built in accordance with the following rules:

  1. The support line is located below the price chart. To construct it, it is necessary to identify two minima and draw a straight line through these points. This line goes up. Therefore, the second minimum must be higher than the first.
  2. The resistance line is located above the price chart. To build it, it is enough to find two maxima and draw a straight line through them. This line is directed downwards. In this regard, the second point on the chart should be lower than the previous one.

In order to set these technical lines, you need to go to the “Constructions” section in the Pocket Option broker’s terminal, select “Trend lines” and, moving the straight data along the chart, set them to the corresponding points.

Overlaying Technical Lines

How to trade binary options using technical lines in Pocket Option

Before you start trading on Pocket Option using straight lines, you need to take into account that in an uptrend the main line is the support line, and in a downtrend it is the resistance line.

Acting within the framework of the strategy under consideration, it is necessary to buy a Call option if the price has bounced off the support line and continues to move up.

Call option

Orders for Put options must be placed in the opposite situation. Transactions in this case are opened if, during a downward trend, the price chart bounces off the resistance line and continues to move down.

Put option

The expiration period in the examples considered should be equal to the period of formation of two candles. Moreover, you can trade within this strategy on any timeframe. The described system is suitable for any type of trading, including long-term.

Also, do not forget that you can start trading with additional funds by using promo codes for replenishing your account from the Pocket Option broker, and to improve your performance with this strategy, you can use a promo code to cancel a losing trade for $10 .

OPEN AN ACCOUNT WITH POCKET OPTION

Can't figure out how this strategy or indicator works? Write about it in the comments to this article, and also subscribe to our YouTube channel WinOptionSignals , where we will definitely answer all your questions in the video.

PO

See also:

The best binary options broker! Who is he?

Free robot for Pocket Option

How to trade express orders with the Pocket Option broker

How to participate in tournaments on the Pocket Option platform

Bonuses for broker Pocket Option

Estimate:
(5 / 5)
Your vote has been counted
Comments

To leave a comment, you must register or log in to your account.

tirant
tirant
Так это обычная трендовая торговля.
Трейдер БО, а вы хотите здесь что-то новое найти?
25 October 2023
Answer
Богдан
Богдан
Так это обычная трендовая торговля.
Трейдер БО, Не совсем, хотя очень похоже.
16 October 2023
Answer
Артур
Артур
Так это обычная трендовая торговля.
Трейдер БО, Ну да, вы правы. Обычная трендовая торговля.
13 October 2023
Answer
Трейдер БО
Трейдер БО
Так это обычная трендовая торговля.
12 October 2023
Answer
Option Bull
Option Bull
Очень простая и при этом интересная стратегия, интересно нужны ли для нее дополнительные инстурменты?
Руслан, нет, зачем? Дополнительные индюки как в случае с сигнальными индюками здесь не нужны, так что можете спокойно использовать ее с коробки)
10 February 2023
Answer
Руслан
Руслан
Очень простая и при этом интересная стратегия, интересно нужны ли для нее дополнительные инстурменты?
10 February 2023
Answer
Руслан
Руслан
Я бы сюда еще книгу Джека Швангера по тех. анализу вставил там и про технические линии и про виды трендов, боковики и вообще понимание рынка как такового
Алексей Ветров, а не подскажите, где можно найти эту книгу?
10 February 2023
Answer
Алексей Ветров
Алексей Ветров
Я бы сюда еще книгу Джека Швангера по тех. анализу вставил там и про технические линии и про виды трендов, боковики и вообще понимание рынка как такового
05 February 2021
Answer
Тренд
Тренд
Вот это то что надо. Все эти индикаторы не то, а тез анализ реально работает, особенно если есть опыт в торговле
31 March 2020
Answer
Зверь
Вот это то что надо. Все эти индикаторы не то, а тез анализ реально работает, особенно если есть опыт в торговле
не могу не согласиться, т.к. предпочитаю тоже технический и фундаментал
31 March 2020
Answer
Галина Петрова
Галина Петрова
Раз тут такие стратегии, то видимо это отличная возможность начать изучать тех анализ, спасибо)
31 March 2020
Answer
Our website uses cookies and similar technologies to ensure that you get the best experience by providing personalized information, remembering marketing and product preferences, and helping you get the right information.
Quick registration!

Thank you for registering on our website. Now you have access to free distribution of signals, strategies and indicators from our website, and you can also leave a comment under any article on our website

An email has been sent to you with a link to confirm your registration and activate your account.

* If you use GMAIL mail for registration, then the letter will most likely end up in spam , check the spam folder and click the NOT SPAM button to receive notifications in the future or use another mail for registration.

** if within 5 minutes the letter has not arrived at your other email address, also check your spam folder or write to us in support support@winoptionsignals.com

If you have any questions, you can contact our support team:

You can also read our FAQ

Happy trading with us!