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I use these setups to trade a reversal in the market. I usually take a longer expiry in binary options like 15 min or 20 min.

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Whatsapp Technical analysis by utilizing a price action strategy can be one of the easy and useful methods in trading your binary options. It is said to be easy because the method of observation is simple and does not require any additional indicators, and is fairly useful because it is quite effective to be used as a reference in identifying the direction of the next price movement. Strategy Pin Bar, or also known as Pinocchio Bar, is one of the price action methods that rely on candlesticks. The Pin Bar can be identified from the very long axis of the candlestick that exceeds the body part.

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