Drawing zones, not lines, and the pull of round numbers
How to mark support and resistance as price zones instead of exact lines, using wicks and closes, and why round numbers attract orders.
Beginners often draw a single thin line at an exact price, like 61.37, and then feel confused when the price turns at 61.10 or 61.80. Real markets are messy. That is why experienced traders mark zones, not lines.
Orders are spread across a range of prices, not stacked at one exact number. Different exchanges also show slightly different prices. And candle wicks often poke past a level before the price turns. A zone accepts all of this. It says "the market has reacted somewhere in this area."
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