Psychological Price Levels for JPY Pairs (Price Action Institutional Levels 1, 0.200, 0.500, 0.800, 1) Applicable for forex Yen Pairs. Levels are configurable for color, style. Comments, Suggestions and Feedback are appreciated.
This template can be used for Higher Time Frame analysis in forex. Using the Bar Replay, develop a technical bias and mark psychological levels on the H4 timeframe. This can be used with Supply and demand and Quarter Points Theory. Monthly- Default setting Weekly- Default setting Daily- On Sund-Mon H4- On Sund-Mon, Show Weekly High + Low H1- Show Quarter Points
Thought it would be interesting to look into psychological barriers (round numbers) denominated in foreign currencies and see where those barriers show up on a USD chart. I did a couple of quick and superficial Internet searches to get an idea of which USD pairs are being used the most to trade Bitcoin. My conclusion is that the most relevant currencies are the...