Diagonal support/resistance lines fanned from two swing points, plus vertical time lines spaced by the Fibonacci sequence. A practical read on dividing both price and time by Fibonacci ratios.
If Fibonacci Retracement divides price along the vertical axis, then the Fibonacci Fan and Time Zones extend the same idea diagonally and horizontally.
The Fan takes the trendline connecting two swing points and spreads diagonal lines, each with a Fibonacci-ratio slope, into a fan shape. Because it assumes price moves through time, it draws dynamic support and resistance.
Time Zones draw vertical lines along the time axis at Fibonacci-sequence intervals from a starting point: 1, 2, 3, 5, 8, 13, 21, and so on. They divide time itself rather than price, projecting the moments when reversals tend to occur.
Where Retracement asks only "how far will price retrace," the Fan asks about price and time at once, and Time Zones ask "when will it move." The same golden-ratio idea is cast onto different axes.
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OANDA:USDJPY
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