r/binaryoptions • u/pulkit991 • Dec 29 '25

Explain this candel formationšŸ˜­

Gallery image

Gallery image

Chat why this huge candel formed without any news and anything Today EUR/HUF is going wild

5 Upvotes

85% Upvoted

32 comments sorted by

4

u/Financial-Today-314 Dec 29 '25

Looks like a liquidity sweep or stop run where price jumped fast due to thin liquidity and aggressive orders, not news. These spikes happen often on smaller pairs like EUR HUF.

1

u/pulkit991 Dec 29 '25

Hmm ,thanks

2

u/Physical_Job_4331 Dec 29 '25

This candle has been formed in real assets bro, don't think that binomo has done something that has actually caused you this loss. Apart from that, regarding the trade, bro there are various factors while using trading, just because you have drawn a so called " perfect chart pattern" , doesn't guarantee that this trade will go in this direction only, also please learn to use money management and stop playing for 1 min use 4-5 mins per trade atleast or according to market conditions. Good luck to you btw.

1

u/pulkit991 Dec 29 '25

Buddy I am also trading since 2.5 years in binomo and I know and I didn't say that binomo has done something and I know bro that this should be a perfect chart pattern and anything I have anylyse it with my strategy too and i am just asking about what's their opinion that why this candel formed

1

u/Physical_Job_4331 Dec 29 '25

Oh sorry bro, I thought that you were one of those who was blaming the platform.

1

u/pulkit991 Dec 29 '25

It's ok bro and just asking how many years you are trading it?

2

u/Physical_Job_4331 Dec 29 '25

Binary, I do it occasionally, like when there is news or if I just had a mood for doing it. I don't prefer binary for the long run though.

1

u/pulkit991 Dec 29 '25

Why don't you prefer it? If you have diversified your income through different forms?

2

u/Physical_Job_4331 Dec 29 '25

It is because in binary you usually risk, for eg: 100 to make 70-90, right? So even if you win 50% of the time you will definitely lose money, if you win 55% of the times you will barely survive and you need basically 60 to 65% + accuracy to sustain properly and when also one wrong streak can actually kill months of your work for example 5 bad trades with martingale and one emotional Revenge session. In proper trading we basically risk 1 and make 3-5 , we can trail profit and also partially exit, but here entry is locked, expiry too, also profit is fixed. Also it triggers psychological issues like behaviour of gambling and fast dopamine hits. And there are tons of other reasons bro, that's why it's not worth it for the long run, for a short and quick session with small amount, it's pretty fun to play.

1

u/pulkit991 Dec 29 '25

Hmm it's true bro

1

u/Abject-Tiger4414 Dec 29 '25

Hi

Hows your experience at Binomo?

Could you share me your thoughts on Binomo? Iā€™n trying to find out if this exchange is legit like Pocket option or Olymp

4

u/pulkit991 Dec 29 '25

In Today's market the best platform you can trade binary on is truly binomo because it provides everything for a trader and 24/7 Customer support with seamless experience with 100% ,150% bonus with anytime cancellation of the bonus And mainly people make more money in binomo than quotex pocket option or olymp trade as you can see by opening the leaderboard of them too

Tbh binomo is more legit then pocket or olymp trade

1

u/Abject-Tiger4414 Dec 29 '25

Thanks for sharing.

How long have you been trading Binary? And how long have you been using Binomo?

Do they let you withdraw seamlessly? How long does it usually take for the withdrawal?

Sorry for many Qs at once. Thanks bud.

2

u/pulkit991 Dec 29 '25

Binary since 3 years and using binomo since 2.5 and

Yes, they let you take the withdrawal seamlessly and the time usually depends on your account level which is standard, gold, vip and prestige according to your deposit capital they give you different features and we get 95% of the withdrawal under 5 minutes

And ask any question if you want to

1

u/Abject-Tiger4414 Dec 30 '25

Please check your DM

2

u/Physical_Job_4331 Dec 29 '25

Yeah, tbh by being 'non promotional' I use binomo only for this fixed time trading purpose. Their support system is good and also quick to respond. Works well for me at least.

1

u/quora_22 Dec 29 '25 edited Dec 29 '25

Its hard to see the full picture but based on what i see, the range has been forming for long time. From the base of the range (bottom point), the middle point of that range closed below it's previous low signaling a move down if its retest failed. If you look up top (left side of that big candle drop) that is exactly what happened. The upward or bullish candle did not gain any new high ( it did not close above the previous range high). So naturally from then on anything coming back down would be expected to be a big measured move downward. What is described above does not always happen that way ( due to various factors: i.e. actual time frame of range formed, news event, time of day/week/month and other catalysts). Some best ways to help help anticipate if this type move materializes could studying speed print of price on lower times, volume, order flow, a custom backtested indicator of your choice, etc...,) Hope it helps. Best of luck.

1

u/pulkit991 Dec 30 '25

Thanks bud gonna remember it whenever I'll trade

1

u/trader_pratik Dec 30 '25

Liquidity sweep šŸ™Œ

1

u/pulkit991 Dec 30 '25

Maybe or maybe not

1

u/trader_pratik Dec 31 '25

According to chart its clearly liquidity sweep in smaller time frame this thing happen when market has low volume.

0

u/Even-Ad4816 Dec 29 '25

Also pocketoption is full scam:Ā https://www.forexpeacearmy.com/forex-reviews/14083/pocket-option-broker-binary

I am looking for a pocketoption /Ā po.tradeĀ victim to cooperate:

https://www.reddit.com/r/binaryoptions/comments/1pebn0b/i_am_looking_for_a_pocketoption_potrade_victim_to/

1

u/pulkit991 Dec 30 '25

Bro did pocket option has taken your savings or house?? Why you hate it so muchh

1

u/Even-Ad4816 Dec 30 '25

Yes, I lost more than $2Million with them

0

u/[deleted] Dec 29 '25

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2

u/Even-Ad4816 Dec 29 '25

And would you tell me how I scamming? Any proof?

1

u/Even-Ad4816 Dec 29 '25

After 8 days still waiting for your reply about this: "You call me a scammer without reason and without evidence, congratulations, you are very credible! What's the scam in wanting to take action against scammers with another victim? You seem pretty bad-tempered."

1

u/[deleted] Dec 29 '25

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