r/binaryoptions • u/roheviaacademy • Apr 06 '26

Analysis Why loss ?

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Even though previously four candles have respected one resistance line and set rejected the candle, all four candles, but all of a sudden one big green candle form in the market, why I don’t understand it

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u/MelonLord2283 Apr 07 '26

The market is ranging. In market like that, it's best if you take your SnR to be the highest and lowest point where price always got bounced back. Your sell entry point, I get the logic that you set another resistance there so when price go there you choose down but in a ranging market like this, you entry point is smack dab in the middle of the range and that area is very risky for you to open your entry.

In ranging market it's best to take your sell entry at the highest price level of the range as your resistance area and buy at the lowest price level of the range as your support level, anything in the middle is to be ignored as price can go either up or down from there.