![]() ![]() Binary Option Trades with Rising Wedge Pattern 1min / 30min / 1hr optionsĪ binary options trader can purchase a 1min / 30 min / 1hr put options contract soon after the price breaks below the support level (lower boundary). The lowest price within the pattern would be the first target price during the decline. It should be remembered that the reliability of the pattern increases when the base becomes wider. The momentum should weaken when the price nears the apex of the pattern.The volume should rise when the trend line (support) is broken. ![]()
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