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As a rule, the majority of newby traders start their first acquaintance with the forex market by trading in short-term time frames. But after a while, they come to the idea that to save their time and nerves they need to work in higher time frames.

Technical analysis of the market gives a variety of options for predicting the price movement based on the known indicators and their derivatives, resistance and support levels, Fibonacci Retracement, trend lines, etc. But there is one more tool, specific enough, which is seldom mentioned in classical analysis literature, and that is why it arouses great interest among traders. We are talking about the so-called "round levels".