Fibonacci tools
Fibonacci expansion
Projects where a new move might end, using the size of the previous move: 61.8%, 100%, 161.8% and 261.8%.
La idea en pocas palabras
Markets often move in steps of similar size. If the first leg was 400 pips and the pullback ended, the next leg is often 61.8%, 100% or 161.8% of the first.
Cómo se calcula
Click the start of the first leg (A), its end (B) and the end of the pullback (C). Levels are projected from C.
Target = C + (B − A) × ratio, ratios 61.8%, 100%, 161.8%, 261.8%Cómo usarlo
- Set profit targets at the 100% or 161.8% level.
- Combine with resistance levels for confidence.
Sacar conclusiones
- Reaching 161.8% quickly is a sign of a strong trend.
Ejemplo
Gold rises from 2,300 (A) to 2,400 (B) and pulls back to 2,350 (C). The 100% target is 2,450 and the 161.8% target 2,512.
Los precios de los ejemplos son ilustrativos.
Ten cuidado con
- Targets are possibilities, not promises.
Un poco de historia
Widely used in Elliott wave analysis, where wave 3 is often 161.8% of wave 1.
Solo contenido educativo. Ningún indicador ni patrón predice el futuro, y nada de lo aquí expuesto es asesoramiento de inversión.