binaryoptions

BUYING CALLS WITH ONE WEEK EXPIRATION DATE

Long
FX:EURNZD   Euro / New Zealand Dollar
0
The reason for buying calls is that expanding triangles have the tendency to appear either as a fourth wave types or as a b wave types. In our case here it seems to be a fourth wave type and looking for new highs to come. This being a daily chart than we need for our calls to have an expiration date at least one week from now.

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