Fibonacci Time Projection
This time projection is the days in which a cost event takes place. The analysis of the time projection does not lag behind but forecasts the value. Trades can make an entry or exit at the cost change rather than after fact. The idea is regarded to be dynamic. The distance among the two different turning points is always similar and time forecast days differ, that depends on the smaller or larger sizes of the swing of the pattern of the market cost. This base used for drawing this particular shape is 2 important points including two lows, two highs, a low or a high. If the cost is declining or increasing by approaching a level of time of time projection, probably, the level will make an end of a certain tendency. Fibonacci projection is the most popular of all the Fibonacci studies.
Here are the basic course video about Fibonacci levels: