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Trading

Target

The projected price level where a trade is expected to reach its objective. In Elliott Wave, targets are derived from Fibonacci extensions and wave equality measurements.

RELATED TERMS

Entry Zone
The price range where a trader plans to initiate a position based on wave analys...
Fibonacci Extension
Price projections beyond 100% of a measured wave move. Common extension levels a...
Stop Loss
A predetermined price level at which a position is closed to limit loss. In Elli...
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