Fibonacci
0.236 Ratio
QUICK DEFINITION
0.236 Ratio in Elliott Wave Theory: The shallowest common Fibonacci ratio, derived from dividing a Fibonacci number by the number three positions ahead. Used to identify very shallow retracements that indicate extreme trend strength.
What 0.236 Ratio Means
The shallowest common Fibonacci ratio, derived from dividing a Fibonacci number by the number three positions ahead. Used to identify very shallow retracements that indicate extreme trend strength.
Where You'll See It
0.236 Ratio appears regularly in Artavest's weekly wave-count analysis across 108 US stocks and ETFs. It's part of the fibonacci family of Elliott Wave concepts and shows up most often when analysts are projecting price targets or measuring retracements from the prior swing.
LEARN MORE
- → Elliott Wave Theory Guide — the 5-3 pattern, rules, Fibonacci, wave degrees
- → Elliott Wave Cheat Sheet — the 3 absolute rules and 6 Fibonacci relationships
- → Our Methodology — how Artavest analysts count waves on 108 US instruments