Fibonacci Time Zones
The Fibonacci Time Zones drawing displays a series of vertical lines along the time axis, spaced according to the Fibonacci sequence.
These lines highlight time-based intervals that may signal potential market reversals. Price levels are not considered.
The drawing is based on a trendline between two points, typically placed at significant highs or lows. From this base interval, time zones are calculated using the Fibonacci sequence, where each number is the sum of the two preceding ones.
The main function of the Fibonacci Time Zones drawing is to forecast or anticipate potential reversals based on elapsed time.