Construction
Draw from the start of the move to its end. The arcs are centered on the end: each one crosses the line of the move at its Fibonacci fraction from the end (the 0.5 arc crosses at mid-move), and opens toward the start of the move, below the high of an advance or above the low of a decline.

How to read them
- The idea is about speed: a correction that stays above the 0.382 arc keeps most of the trend's momentum; falling through the 0.618 arc means the move has lost its speed.
- Arcs combine time and price: the same 0.5 arc is a deep level just after the high and a shallow one many bars later.
Charts in this guide use simulated prices generated for illustration; levels and outcomes shown are examples, not observations of a real market. Educational content only, not investment advice.