Understanding the Bullish Flag Continuation Pattern on Binomo

Have you ever heard the term, ‘bullish flag continuation pattern’? What about ‘bearish flag continuation pattern’? When there is an explosively strong rise of value followed by a relatively orderly period of consolidation where the value neither rises nor falls for a period of time, this pattern is called a “flag”, after its visual similarity … Read more

How To Identify Breakouts From Support/Resistance on Binomo

Identifying when price wants to break through support/resistance and the actions to take One of the most important skills that you should develop as a trader is how to identify support/resistance levels. By becoming equipped with this skill, you’ll learn how to understand price behavior better. The best part of this is that knowing how … Read more

How To Set Up and Trade Using Support and Resistance on Binomo

One of the most important indicators that all traders shouldn’t overlook is support and resistance levels. The concept is rather simple, but it can help out tons. In fact, if you rely mainly on technical analysis to trade profitably, there’s a large chance that you already trade using support and resistance right now. Simply put, … Read more

How to catch trend reversals with the Three Black Crows Pattern on Binomo

What is Three Black Crows? Is it really about trading? Short answer: YES. The candlesticks tend to form patterns on the price chart. These patterns repeat themselves and so can be used to predict future price movements. Today, I will describe the pattern which develops when the uptrend is coming to an end. It is … Read more

The Relative Strength Index (RSI) Indicator

The Relative Strength Index indicator, also known as the RSI indicator, is a technical indicator that is commonly used to analyze the market. Because of how easy it is to use, it’s also one of the most popular indicators on the Binomo platform. In this short article, I’ll explain all there is to know about … Read more

Quick Guide To Download and Install Binomo App on Mobile

Guide for downloading and installing the Binomo app for smartphones Are you interested in trading using only your smartphone? Gone are the days that you can only trade on a desktop, using your PC or laptop in order to gain an edge in the market. With the Binomo app for smartphones, trading is now fast, … Read more

30-minutes Binomo strategy using MACD, EMA and Parabolic SAR

MACD, EMA, PSAR strategy on Binomo

It is proven that long-lasting trades provide a greater chance of gaining when trading on the Binomo platform. I do not want to say opening positions for a long time is a guarantee of high profits, given the associated risks. You still need to know when exactly enter the market and what course it is … Read more

How to utilize the Stochastic Oscillator on Support and Resistance levels on Binomo

On the Binomo platform, you have many technical analysis tools available to help you in finding the best trade entry points. Support and resistance lines are some of such instruments. You can trade only with them when the price is ranging, but they are not sufficient when it comes to predicting the moment the price … Read more

Guide To Effective Trading With SMA20 Indicator on Binomo

One of the most useful indicators in Binomo is the Simple Moving Average (SMA). It’s a tool used in technical analysis that is like a line flowing through the ups and downs of a certain asset’s charts. Simply put, it tracks and averages the number of a selected range of asset prices–most commonly the closing … Read more

The Best Guide to Trade Bullish Engulfing Pattern on Binomo

engulfing pattern binomo

Bullish Engulfing Candle pattern overview Repeatable patterns help in the recognition of the best entry points. The bullish engulfing candle pattern serves as the trend reversal prediction. You will find it at the bottom of a downtrend and so it informs about an upcoming uptrend. The bullish engulfing candlesticks pattern is in the form of … Read more