: Used to project future price targets beyond a completed move. Common Targets : 127.2%, 161.8%, and 261.8%. Strategic Review: Pros & Cons
: 23.6%, 38.2%, 50% (psychological, not a true ratio), 61.8%, and 78.6%. Fibonacci Trading
Traders on Investopedia and TrendSpider emphasize that Fibonacci levels are not guaranteed reversal points but zones of interest. : Used to project future price targets beyond