Fibonacci Time Extensions

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Fibonacci Time Extensions focus on the time axis rather than the price axis. As with price extensions, you start by drawing a line that describes a significant price movement. The time extensions are a series of vertical lines drawn using the original movement as a base and specified Fibonacci Ratios to create the intervals.

Look for significant events at the vertical lines that indicate the time extensions. See Disclaimer.

To draw Fibonacci Time Extensions, press the button, or choose Fibonacci Retracements from the menu. Choose the options you prefer (Fibonacci Time Extensions must be enabled). Then draw as you would for a Retracement.