Especially the Fibonacci extensions are ideal to determine take profit levels in a trend. The most commonly used Fibonacci extension levels are 138.2 and 161.8.

The extensions are calculated by extending the Fibonacci sequence beyond 100% (127.2%, 161.8%, 261.8%) and are used to identify areas where price might ...

In a downtrend, the general idea is to take profits on a short trade at a Fibonacci extension level since the market often finds support at these levels.

Fibonacci extensions are calculated by extending the retracement levels beyond 100%, typically to 127.2%, 161.8%, and 261.8% of the price movement. Traders ... How to Use Fibonacci... · Fibonacci Extension Strategies

28 мая 2024 г. · Fibonacci extensions are used to project potential future price targets beyond the initial move, with 100%, 161.8%, and 200% being the most ...

19 авг. 2022 г. · The Fibonacci extension tool draws extension levels past the swing high or swing low. These levels most frequently include 1.236, 1.382, 1.5 ...

The most significant levels are usually the 161.8% level followed by the 127.2% level. The 261.8% level and the 423.6% levels are also significant in strong ...

Extension levels are areas where the price is expected to reverse. The Trend-Based Fibonacci Extensions (TBFEs) are drawn on any chart and work through the use ...

The most commonly used extension levels are 61.8%, 100%, 161.8%, and 261.8%. When identifying extension levels, traders look for significant market swings or ...