01
overview
Overview
Fibonacci extensions project potential price targets beyond the current range using key ratios like 1.272, 1.618, and 2.618. Essential for setting realistic profit targets.
02
key characteristics
Key Characteristics
01Structure: Project targets using 1.272, 1.618, 2.618 ratios
02Context: Measure from swing low to high, then project from retracement
03Application: Multiple extension levels create confluence zones
Apollo note
The 1.618 extension is the most commonly hit target in strong trends. If you're riding a breakout, set your first target at 1.618 and your second at 2.618. Let the math do the work.
Public reference library
Continue through core concepts
Compare this reference with related structures and readings before applying it to a live chart.