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Charting masterclass: why Fibonacci retracements work better as zones than single lines
Most traders draw a line. The market trades an area. That gap is where positions go wrong. In this Charting Masterclass, Axel Rudolph, Chief Technical Analyst at IG uses the EUR/GBP weekly chart from 2024 to 2026 to show exactly why the 38.2% Fibonacci retracement works as an area rather than a line. The July and August 2025 lows, and the ...
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