Fibonacci
1.618 Ratio
QUICK DEFINITION
1.618 Ratio in Elliott Wave Theory: The golden ratio itself. Wave 3 commonly extends to 1.618 times the length of Wave 1. It is the primary projection target for Wave 3 and serves as confirmation that an extension is underway.
What 1.618 Ratio Means
The golden ratio itself. Wave 3 commonly extends to 1.618 times the length of Wave 1. It is the primary projection target for Wave 3 and serves as confirmation that an extension is underway.
Where You'll See It
1.618 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