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12/12/2024 4:03:14 PM (GMT+1)

What is the Fibonacci Time Zones indicator?

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The Fibonacci Time Zones indicator is a tool used in technical analysis to predict possible price reversal points based on time intervals corresponding to Fibonacci numbers. It helps traders identify potential trend change moments by drawing vertical lines on the chart that correspond to Fibonacci number sequences. These lines can indicate moments when the market may experience significant fluctuations. It is important to note that Fibonacci Time Zones do not guarantee accurate predictions but rather help assess probable zones for analysis and decision-making.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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