Fibonacci
0.786 Ratio
QUICK DEFINITION
0.786 Ratio in Elliott Wave Theory: The square root of 0.618. This ratio marks deep retracements and is often the last defense before a wave count is invalidated. Wave 2 occasionally retraces to 78.6% of Wave 1 in strong corrective moves.
What 0.786 Ratio Means
The square root of 0.618. This ratio marks deep retracements and is often the last defense before a wave count is invalidated. Wave 2 occasionally retraces to 78.6% of Wave 1 in strong corrective moves.
Where You'll See It
0.786 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