1 March 2026
Support and resistance as zones, not single ticks
Why drawing a thick band instead of a hairline price improves entries and reduces stop hunting anxiety.
A single horizontal line implies precision the auction rarely respects. Treating support and resistance as zones acknowledges that orders cluster across a band of prices, especially around round numbers and prior congestion.
Build a zone from the cluster of closes and wicks that rejected price previously. The outer edge is your invalidation; the inner edge is where you look for reaction. Entering at the outer edge because it looks cheaper often means buying into unfinished selling.
On FX pairs popular with Australian evening traders, zones from the London session still matter into Asian hours. Update them after a clean break and retest rather than after every noisy wick.
In our Foundation Intensive we practise erasing thin lines and redrawing zones until the chart looks quieter. Fewer levels, better respected, beat a lattice of opinions.