Fibonacci Extensions are used to forecast future levels of support and resistance and are drawn beyond the typically used 100% level. 161.8%, 261.8% and 423.6% are the most commonly used fibonacci extension levels.
Fibonacci Extensions are used to forecast future levels of support and resistance and are drawn beyond the typically used 100% level. 161.8%, 261.8% and 423.6% are the most commonly used fibonacci extension levels.