Round numebrs are liquidity levels, where price usually STUMBLES OR REVERSES.
Trends move between round numbers and can be identified using closing prices (line chart).
To identify uptrend you connect DISTINCT higher lows on line chart
To identify downtrend you connect DISTINCT lower highs on line chart
During Asian Tokyo Session trade:
GBPUSD, GBPAUD, GBPJPY, GBPNZD.
Trading Time Zone: 1 hr before to 1 hr after Tokyo Session.
Trade 15m chart.
Add a "00" & "50" numbers indicator to chart or add them to your chart.
As the new trading day starts, watch how price reacts to those price levels.
This pair price came bullish, had a bearish pullback and then a short...
