Hand pointing at a printed technical chart

9 February 2026

Three common mistakes with Fibonacci fans and arcs

Fans and arcs can clutter a chart quickly. Know when they add clarity and when they simply decorate noise.

Fans and arcs can illustrate angles of advance, but they are easy to misuse. The first mistake is drawing them on every corrective leg until the chart looks like a geometry exam. If you cannot explain why a particular fan is in play, remove it.

The second mistake is treating a fan line as precise support without checking horizontal structure. Price may “respect” a fan simply because it is reacting to a prior high or a round number that happens to sit nearby.

The third mistake is changing the anchor mid-move to make the fan fit the last few candles. That is curve-fitting, not analysis. Pick anchors with the same discipline you use for retracements, then leave the drawing alone.

We cover fans briefly in the masterclass so you know when they add a slant to an already sound horizontal plan — and when they are clutter.

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