This generated a Fibonacci extension by multiplying the change in the currency pair by 1.618%, creating a target near 1.21. You can use the extension to generate take profit levels after an ...

Traders use these levels to place entry orders ... placing stop-losses beyond the X-point and targeting Fibonacci extension levels for profit-taking. Elliot Wave theory uses Fibonacci levels ...

Technical traders use ratios and levels derived from the Fibonacci sequence to help identify support and resistance, as well as trends and reversals, with tools ranging from retracements and ...

We use Elliott Wave analysis and Fibonacci projections ... A successful wave (iii) breakout could target $3,495, aligning with the 1.618 Fibonacci extension. If ETH maintains momentum, wave ...