Using Fibonacci Time Studies
From news_archive.php?id=147863
[B]Do you have the time?[/B] Fibonacci analysis can be enhanced by using time projections. Fibonacci time forecasts are applied to a chart like other Fibonacci studies, and work best when combined with either a retracement or fan study. When you are in a trade, the time study will help you watch for points in which reversals are likely to occur. When you are looking for new trade opportunities with a retracement or fan study, the time forecast can add to the probability of a successful outcome.Fibonacci Time forecasts also add weight to potential support or resistance levels, and help identify when a bounce or change ...
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