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Fibonacci

Fibonacci Projection

QUICK DEFINITION

Fibonacci Projection in Elliott Wave Theory: 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.

What Fibonacci Projection Means

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.

Where You'll See It

Fibonacci Projection 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.

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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...
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