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
EUR/USD 5 Min Chart Trading Examples
As shown in the picture above, this strategy made us 4 profitable trades with 81% payout. All trades expired in the money! Just buy CALL at the lower channel and buy PUT at the upper channel of this special designed binary indicator. Click the picture to enlarge.
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. Close the trade at 60 minutes (that’s 12 X 5 min candles).