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Fibonacci Time Zones provide a provide the necessary background for to watch as prices approach.
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How to Use FIBONACCI TIME ZONESFibonacci Time Zones are a tool used in forex trading to identify potential future reversal and extension points in time. Fibonacci time zones are a technical analysis tool that can help you identify the cyclical patterns and trends in the market. Fibonacci Time Zones are plotted by marking the initial swing high and swing low and then the vertical lines are drawn to the right of the chart.
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