Golden Ratio
Golden Ratio in Elliott Wave Theory: The ratio 1.618 (phi), derived from the Fibonacci sequence. It is the mathematical foundation of Elliott Wave relationships. Wave 3 often equals 1.618 times Wave 1, and Wave 2 commonly retraces 61.8% (the inverse of 1.618) of Wave 1.
What Golden Ratio Means
The ratio 1.618 (phi), derived from the Fibonacci sequence. It is the mathematical foundation of Elliott Wave relationships. Wave 3 often equals 1.618 times Wave 1, and Wave 2 commonly retraces 61.8% (the inverse of 1.618) of Wave 1.
Where You'll See It
Golden 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.
- → 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