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I am sure you have noticed such a feature as setting the Stop Loss or Take Profit level at the round levels, for example 1.3500, a round number that determines the beginning of a new “candle” - numbers that end in two or three zeros are called round numbers. On daily trading periods, approaching support or resistance levels, as a rule, does not cause a pullback or rally, as traders have to be more demanding in choosing such levels and often the levels indicated by round numbers are used for
I am sure you have noticed such a feature as setting the Stop Loss or Take Profit level at the round levels, for example 1.3500, a round number that determines the beginning of a new “candle” - numbers that end in two or three zeros are called round numbers. On daily trading periods, approaching support or resistance levels, as a rule, does not cause a pullback or rally, as traders have to be more demanding in choosing such levels and often the levels indicated by round numbers are used for