Fibonacci Time Projection
a.k.a. Fibonacci time extension
A tool that projects Fibonacci ratios of a past swing's duration forward in time to guess when the next…
In plain English
A tool that projects Fibonacci ratios of a past swing's duration forward in time to guess when the next turn might come.
Instead of price levels, Fibonacci time projections measure how long a swing lasted and mark future dates at Fibonacci multiples of that length.
Time-based tools are less popular than price-based ones and should be treated as rough hints.
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