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General TradingF
Fibonacci Studies
Fibonacci Studies are a collection of technical analysis tools based on the Fibonacci number sequence and its derived ratios (23.6%, 38.2%, 50%, 61.8%, 78.6%). They include retracements, extensions, fans, arcs, and time zones used to identify potential support, resistance, and price targets.
Example
“The analyst combined multiple Fibonacci Studies on the same chart — retracements for entry levels, extensions for profit targets, and time zones for timing — building a comprehensive trade plan.”