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Fibonacci

Fibonacci Projection

A method of projecting price targets by measuring the length of one wave and applying a Fibonacci ratio to project the next wave from a different starting point. Commonly used to project Wave C from the end of Wave B.

RELATED TERMS

Fibonacci Extension
Price projections beyond 100% of a measured wave move. Common extension levels a...
Fibonacci Retracement
Price levels derived from the Fibonacci sequence where corrective waves are like...
Fibonacci FanAll TermsFibonacci Retracement