Charting masterclass: support is a zone not a line

Most traders draw support as a single line. That is why they get stopped out. In this Charting Masterclass, Axel Rudolph, Chief Technical Analyst at IG, uses the NZD/USD weekly chart to show exactly why support is a zone not a line. Price rarely turns on a single pip. It turns in an area. Understanding that difference changes how you place your stops, how you read reversals and how you avoid getting shaken out of good trades. 📈 Catch more market commentary and insights on our channel. Subscribe ► https://www.youtube.com/@iguk_official?sub_confirmation=1 Find out more: https://upl.inc/k4gg8x Your capital is at risk. 69% of retail investors lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. #SupportAndResistance #TechnicalAnalysis #ChartingMasterclass #IGMarkets #TradingEducation #PriceAction #StockMarket #Investing #SupportZone #ChartsExplained #TradingTips #StopLoss #Forex