EUR/NZD cross is moving in a dynamic downtrend. Head & Shoulders formation can be seen on the hourly chart. The support marked on the chart is a neck line, which break should lead to a fall similar to the height of the formation (blue rectangles). It is worth to observe the chart and after breaking down the support buy PUT option. Profit-to-risk ratio is really nice here, because we are playing in accordance to trend.
TopOption offers 70% payout for the option expiring today at 5PM (CET). This means that if you invest e.g. $100 buying a CALL option (waiting for decrease) and a price at 5PM will be even slightly lower than when you bought the option – TopOption will pay $170. If the price will be higher we lose the money, regardless of the increases size – we never lose more than we set. It is also possible to choose other expiration time – e.g. 5PM (CET).
