Fibonacci
2.618 Ratio
The square of the golden ratio (1.618 x 1.618). Used to project strongly extended Wave 3 targets when the market shows exceptional momentum. Less common than 1.618 but significant when reached.
The square of the golden ratio (1.618 x 1.618). Used to project strongly extended Wave 3 targets when the market shows exceptional momentum. Less common than 1.618 but significant when reached.