Fibonacci Time Zones
Unlike other Fibonacci analysis tools, as mentioned in the main Fibonacci analysis page, and which are for predicting the retracements, Fibonacci time zones are a series of vertical lines. They are composed by dividing a chart into segments with vertical lines spaced apart in increments that conform to the Fibonacci sequence (1, 1, 2, 3, 5, 8, 13 and so on.). These lines indicate areas in which major movement can be expected:
This is just one tool available as an extension of resources but to our best understanding is not used so commonly. Fibonacci Time Zones are shown in figure as follows.
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