binaryoptions
Long

BUYING CALLS WITH ONE WEEK EXPIRATION DATE

FX:EURNZD   Euro Fx/New Zealand Dollar
133 0 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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