This concept is very simple.. Use round numbers as support and resistance, target the (.25 - .50 - .75) levels for take profit.. Basically, the rounds numbers are high liquidity zone (psychological and banks levels)
You can clearly see the price moving between those zones.
Recommanded timeframe : M30-H1-H4 (M15-M30) for entry..
I usually look at rejection at those levels for short or buy depend of the context.
You can place SL on the next .25 pips over the hard round numbers resistance-support.
Good Luck and if you have any comments, write bellow.
Thanks!
Here some example :
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CHANGE LINE (THICKNESS & COLOR)
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- Minor Update
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- THICKNESS OF THE LINES CHANGED...
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- MINOR FIX
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- MINOR COLOR CHANGE FOR DARK SCREEN
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- MINOR FIX
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- color mainly
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.