The simple truth is more powerful: congestion patterns in technical analysis reflect the impact of crowd psychology on changes in price and momentum. (tradingday.com)
There are tons of technical analysis books available in the market, covering topics like trading system development, chart patterns, crowd psychology etc.. (adigitalblogger.com)
Price action around big round numbers, like 10, 100 and 1000 set up special trading opportunities that take advantage of shifting crowd psychology. (investopedia.com)