In the future, psychological numbers are round numbers that are easy to remember, like 1, 10, 100, or 1000. Strange, but these simple points often become places where prices stop, bounce, or reverse.
In my opinion
Because the majority of traders place buy, sell, TP, and SL at neat numbers. Eventually, orders pile up, liquidity accumulates, and the market becomes crowded every time the price approaches those numbers.
The market makers also like to chase these points because it's easy to find a lot of orders to move.
For small traders like me, understanding psychological numbers is like knowing danger zones and opportunity zones.
Wait for confirmation, donโt place SL exactly at round numbers, and be aware of false breakouts.
Simple, but the effect is quite significant. Psychological numbers are not mathematics, they are mass psychology.
Don't forget to watch the market at 12 midnight to 2 AM. The best movement is, in my opinion#
The knowledge I've found is all on YouTube Inner Circle Trader.
Thank you, friends, for reading ๐๐๐
Best regards, margin call
$IRYS
