# Fibonacci Arc

Fibonacci Arc is a stock chart overlay consisting of three curved lines that are drawn for the purpose of identifying key support and resistance levels.

# Fibonacci Arc

**Fibonacci Arc** is a stock chart overlay consisting of three curved lines that are drawn for the purpose of identifying key support and resistance levels.

## Application of Fibonacci Arc

Fibonacci Arcs are created by drawing a line between the high and low pivot points in a given period. Then three semi-circles or curves are drawn that intersect the line at key Fibonacci levels (38.2%, 50% and 61.8%). The curves act as support and resistance levels.