Market Analysis7 min read
Advanced Support and Resistance: Zones, Not Lines
Support and resistance are zones, not exact lines. Learn the advanced approach to trading levels. Zones over lines — confluence with structure, volume and.
Zones vs Lines
A support line at 1.1050 is really a zone from 1.1045 to 1.1055. Price may pierce the line before reversing. Draw zones, not lines.
Confluence
The strongest levels have confluence: horizontal S/R + Fibonacci level + moving average + round number. More confluence = higher probability.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70-80% of retail investor accounts lose money when trading CFDs. Backtesting does not guarantee future results. Always consider whether you can afford the potential loss of your capital.