Time Zones

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Fibonacci Time Zones are help to identify probable spots for reversals or significant changes in price may be expected to occur.

Here, a series of vertical lines are drawn on the chart each corresponding with a Fibonacci ratio as calculated from a base interval – where the base interval is a user defined time interval. The base interval is set by drawing a trend line between price highs or lows. The Time Zone tool then plots a series of vertical lines at increasing intervals, based on the Fibonacci sequence.

Significant price changes are seen to occur near to the vertical lines.