- The majority of A-B-C corrections are complete in the 61.8% to 100.0% time
retracement zone.
- It is not unusual for a complex correction to reach a 161.8% time retracement.
Fibonacci time expansion:
- Works in the same way that price expansion work.
- The 61.8%, 100.0% and 161.8% ratios are used.
Fibonacci fan:
A great tool that is somewhat underused yet works really well in the Forex market
is the Fibonacci fan.
- The ratios used are the 61.8%, 78.6% and 88.5%
retracement zone.
- It is not unusual for a complex correction to reach a 161.8% time retracement.
Fibonacci time expansion:
- Works in the same way that price expansion work.
- The 61.8%, 100.0% and 161.8% ratios are used.
Fibonacci fan:
A great tool that is somewhat underused yet works really well in the Forex market
is the Fibonacci fan.
- The ratios used are the 61.8%, 78.6% and 88.5%