1

Qoutax Binary Trading

What is Qoutax?
Qoutax is a binary options trading platform that
allows users to trade various financial instruments,
including currencies,, commodities,and indices.
In this platform you can do scalping
mean( Gambling ) you have to dicide that the
market is going up or down direction if your
prediction was correct you are in profit and nont
you are in loss. There is high risk in it.

Pattern in Qoutax Binary trading

There are total 5 kind of pattern on which we can trade.

1. Chart Pattern:
In chart Pattern we must knows the following subjects:
1. Head and shoulders
2. Inverse head and shoulders
3. Triangles
4. Wedges
5. Flags
6. Pennants
7. Rectangle
8. Cup and Handle

2. Candlestick Pattern
This candlestick pattern contain on the following subjects
1. Hammer
2. Shooting star
3. Bullish Engulfing
4. Bearash Engulfing
5. Doji
6. Piercing line
7. Dark cloud cover

3. Technical Indicator Pattern

This pattern contains on the following subjects
1. Moving Average Crossovers
2. RSI Divergences
3. Bollinger Band Breakouts

1
2

4. Stochastic Oscillator Crossovers

5. Harmonic Pattern
This Harmonic Pattern contains on the following subjects
1. Gartley Pattern
2. Butterfly Pattern
3. Bat Pattern
4. Crab Pattern

5. Elliot Wave Patten

This Pattern contains on the following subjects.
1. Impulse waves
2. Corrective waves
3. Diagonal waves
4. Triangles

Note:
In Qoutax Platform the most easy and common Pattern is Candlestick Pattern

Basic of Binary Options

Binary option trading is a type of trading where there are only two possible
outcomes: either the price of an asset goes up or down and you have to predict
which way I will go within a certain amount of time.

You will go through three basic procedures to place a binary option trade:
1. Select an asset or trading market
2. Set the option’s expiration date or closing time.
3. The striking price and expiration date should be used to determine weather you
wish to buy or sell the binary option.

Types of Binary option

1. High / low ( Use 98% in market)
2. In / out or boundary ( use 2% in market)
3. Touch / Not touch (Temporary closed)
4. Ladder ( Temporary closed)

Binary Option underlying Assets

1. Commodities, i.e oil, Gas, Gold, Silver
2. Crypto, I.e BTC, USDT, TRX, BNB, ETH
3. Forex, I.e USD/JPY, EUR/USD,
4. Stocks. i.e shares of company Apple, Google

2
 3

Basic to Advance Volume and Price Action Course

How to trade Binary Option
1. Chose a Broker
2. Chose a market and asset
3. Chose an expiration and close time
4. Allocate the amount mean ( the amount on per trade according to
investment).
5. Place your trade

The most flexible Pairs of Forex

1. USD/JPY
2. GBP/USD
3. OG/USD

Reliable Broker in Binary Trading

Things to Consider
1. Reliability and Reviews
2. Deposit and Withdrawal
3. License, Location and Certification
4. No Of Underlying Assets, Scope, OTC

The most common Pattern is Candlestick Pattern

Candlestick Pattern is on two type
1. Single candlestick Pattern
2. Double Candlestick Pattern

Analysis & Application

Candlestick Support and Resistance Volume
Wick & Body Reading
Formation Reversal SNR Volume and Price
Candlestick
Sequence Round Number Anomaly & Validate
Psychology
Patterns Order Block SNR Congestion
Statistical Pattern
Rejection Pattern SNR Supply
Breakouts
Reversal Diagonal SNR Demand
Sure Bots
Continuation Trend line Up thrust
Strategies
Momentum Fibonacci Down thrust
Money Management

3
 4

Single candlestick Pattern

Some common candles in Market
There are two type of Candle
1. Green Bullish Candle
2. Red Burnish Candle Bullish Hammer

1 Candle
Bullish Hammer Candle
Bullish Inverted Hammer
Bullish Inverted Hammer

Bullish Hammer Indication:

A Bullish Hammer indicates that the down trend (price
Bearish going down) is likely to
Hammer
reverse and become an up trend (price going up)
Bullish Inverted Hammer Indication:
3. Candle
A Bullish Inverted Hammer indicates the potential trend
Bearish Hammer
from down trend to up trend.
Bearish Inverted Hammer
Bearish Inverted Hammer
Bearish Hammer Indication:
A Bearish Hammer indicates that the up trend (price going up) is likely to reverse and become an
down trend (price going down.)
Bearish Inverted Hammer Indication:
A Bearish Inverted Hammer indicates the potential trend from up trend
to down trend.

4. Spinning Candle
Bullish Spinning Candle
Bearish Spinning Candle

Bearish Spinning Candle Bullish Spinning Candle

Spinning Candle Indication:

Both kind of Candle indicates that the buyers and sellers in the market are equal mean we
can called this candle neutral candle

Bullish Pinbar

5. Pinbar Candle
Bullish Pinbar Candle

4
 5

Bullish Inverted Pinbar Candle

Bullish Inverted Pinbar

Bullish Pinbar Indication: A potential reversal from down-
trend to up trend and strongly buy signal

Bearish Pinbar

6. Bearish Pinbar Candle

Inverted Bearish Pinbar Candle

Inverted Bearish Pinbar

Pinbar Indication: It indicates the potential reversal
from up trend to down trend and strongly sell
signal

Bearish Marobozu Bullish Marobozu

7. Marobozu Candle
Bullish Marobozu
Bearish Marobozu

Bullish Marobozu: Indication: It indicates strong buying pressure

Bearish Marobozu:Indication: It indicates strong selling pressure

8. Open and Closed Marobozu

Open Bullish Marobozu
Closed Bullish Marobozu

Indication of Bullish Marobozu: it Indicates strong buy signal also

indicating a gap up I price and also indicating strong buying pressure from
the opening

Open Bullish Marobozu Close Bullish Marobozu

Bearish Open Marobozu

Bearish Closed Marobozu

Indication of Bearish Marobozu: it Indicates strong selling

signal also indicating a gap down price and also indicating
strong selling pressure from the closing

Bearish Open Marobozu Bearish Closed Marobozu

5
 6
Hanging Man

9. Hanging Man:
10. Shooting Star

Shooting Star

Bullish Doji Candle

Doji Candle
Bullish Doji Candle
Bearish Doji Candle

Continuation Pattern: A chart pattern that indicates the current trend

will continue e.g Triangles Flags, Pennants and wedges.

Reversal Pattern: A chart pattern that indicates a potential change in

the current trend. I.e Head & Shoulder, Inverse Head and Shoulders,
and Hammer

Reversal Pattern

Continuation Pattern

6
7

Double Candlestick Pattern