Fibonacci Extensions

Fibonacci Extensions

Introduction

When a stock has been in a strong uptrend, it’s natural to ask: How far will this stock go when the buyers come back after a pullback?

This is where Fibonacci Extensions answer the question that Fibonacci Retracements cannot.

If you’ve read our article on Fibonacci Retracements, you know that retracements help you identify where the pullback will end. They answer the question: Where will the buyers support the price on the way down?

But after that retracement bounce happens, traders need a new tool. They need to know where the price is heading next. How far up will it go before hitting resistance again?

Fibonacci Extensions are the answer.

Extensions take the same mathematical beauty of the Fibonacci sequence (1.618, or the golden ratio) and use it differently. Instead of looking backwards at past swings, extensions project forward into the future. They tell you: If this stock bounced at a Fibonacci retracement level, how far will it travel on its next leg up (or down)?

Think of it this way:

• Fibonacci Retracements: Where will the pullback end? (defensive tool)
• Fibonacci Extensions: Where will the next move reach? (offensive tool)

In this guide, you’ll learn:

• What Fibonacci Extensions are and how they differ from retracements
• The key extension levels (127.2%, 161.8%, 200%, 261.8%)
• How to draw extensions on TradingView and Zerodha Kite
• How to use extensions as profit targets in real trading
• How to combine extensions with support/resistance, retracements, RSI, MACD, and ATR
• 5 critical rules for trading with extensions
• Common mistakes that will drain your trading account

By the end of this article, you’ll have a complete framework for projecting where price will move after a retracement, turning pullbacks into profitable opportunities instead of scary losses.

Let’s start.

What Are Fibonacci Extensions?

Fibonacci Extensions are horizontal levels drawn beyond the original swing range. They show you where price might move after it has retraced from an extreme.

Here’s the key difference that confuses many beginners:

Fibonacci Retracements show where price might stop on the way back:

• You measure from swing low to swing high
• Retracement levels (38.2%, 50%, 61.8%) sit between the low and high
• These levels mark potential support when price is pulling back

Fibonacci Extensions show where price might go after the retracement bounce:

• You measure from swing low to swing high to retracement end (3 points)
• Extension levels (127.2%, 161.8%, 200%) sit beyond the original range
• These levels mark potential resistance when price is moving forward again

Visual example:

Imagine a stock that:

1. Shoots up from ₹100 to ₹200 (swing high at ₹200)
2. Pulls back to ₹150 (50% retracement)
3. Bounces again toward ₹250, ₹285, or beyond

The retracements (₹150) help you know when to enter. The extensions (₹250, ₹285, etc.) help you know where to sell and take profits.

Extensions are projection tools, not support/resistance tools. They tell you: If this bounce is strong enough, here’s where price might run to next.

This makes extensions perfect for:

• Setting profit targets after a retracement bounce
• Identifying potential resistance before price reaches it
• Risk-reward calculations (entry at retracement, exit at extension)
• Breakout confirmation (price breaking above an extension level is extra bullish)

Many traders treat extensions as “if-then” levels:

• If price bounces from a 61.8% retracement, then watch for resistance at the 127.2% or 161.8% extension.

Key Fibonacci Extension Levels

The most commonly used Fibonacci Extension levels are:

100% Extension (Also called the “Swing High”)

The 100% level is simply the original swing high (or low in a downtrend). It’s not an extension at all—it’s where the move started.

But it matters because:

• If price breaks above this level, it’s broken out of the range
• It’s often the first resistance traders watch for on a bounce
• Weaker uptrends might only reach this level before reversing

Example: Stock rallies from ₹100 to ₹150, pulls back to ₹120, then bounces. The 100% extension is the original ₹150 level.

127.2% Extension (The Secondary Target)

This is the first real extension level beyond the original swing. It’s calculated as 1.272 × (swing high – swing low) + swing low.

When to expect 127.2%:

• After a moderate 38.2% retracement (shallow pullback = strong move up)
• First profit-taking target in a strong trend
• Often reached in healthy uptrends during normal momentum moves

Example: Nifty 50 rallies from 19,000 to 22,000. Pulls back to 21,000 (50% retrace). The 127.2% extension would be around 23,600. Many scalpers and swing traders exit 50% of their position here.

161.8% Extension (The Most Important)

This is the golden ratio level—the 1.618 ratio that repeats throughout nature and markets. Traders treat this level with almost religious reverence.

Why 161.8% is special:

• It’s derived from the golden ratio (φ = 1.618)
• Price respects this level in approximately 70% of cases (in trending markets)
• It’s the most commonly taught level in trading education globally
• Many automated trading systems use 161.8% as the primary profit-taking level

When to expect 161.8%:

• After a 50% retracement in a healthy trend (the “ideal” scenario)
• The standard profit target in most technical analysis frameworks
• Often acts as “hidden resistance” even before price approaches it

Example: Reliance stock rallies from ₹2,500 to ₹2,800, pulls back to ₹2,650 (61.8% retracement). The 161.8% extension calculates to approximately ₹2,985. Professional traders watch this level months in advance.

200% Extension (The Long-Term Target)

This level represents a 2× return on the original swing range. It’s where price goes in very strong trends, or after price has already bounced off lower extension levels and found support.

When to expect 200%:

• After a 38.2% retracement (very shallow pullback, extremely strong trend)
• In bull market conditions where institutional buying is strong
• When price has already bounced from a 127.2% or 161.8% level and is continuing higher

Example: Bank Nifty rallies from 45,000 to 48,000, pulls back slightly to 47,000 (25% retrace). The 200% extension would be around 50,000. This is the “dream scenario” for bulls—very rare but worth knowing about.

261.8% Extension (The Extended Bull Run)

This level represents an extreme move and is rarely discussed because it only appears in blow-off rallies. But it’s important to know it exists when price is extending far beyond expectations.

When to expect 261.8%:

• In parabolic bull markets (like the Paytm IPO rally or Nifty 50 rallies in strong bull markets)
• After multiple bounces from lower extension levels
• When no significant resistance exists ahead

Practical tip: If your stock is approaching 261.8%, start taking profits aggressively. Price is likely overextended and prone to violent reversals.

How to Draw Fibonacci Extensions

Drawing extensions requires a 3-point method. Unlike retracements, which need only 2 points (low and high), extensions need 3.

The 3-Point Method (Step-by-Step)

Point A: The start of the swing (the recent low in an uptrend, or recent high in a downtrend)

Point B: The end of the swing (the recent high in an uptrend, or recent low in a downtrend)

Point C: The retracement end (where price bounced back to after the pullback)

Here’s a real Nifty 50 example:

1. Point A (Swing Start): Nifty 50 at 19,200 (low on Jan 15)
2. Point B (Swing End): Nifty 50 at 21,800 (high on Feb 10) — this is the “swing high”
3. Price pulls back to 20,500 (this is the retracement level)
4. Now you draw the extension: From Point A (19,200) through Point B (21,800) through Point C (20,500)
5. The tool calculates extension levels automatically:

– 100% = 21,800 (original high)

– 127.2% = 22,965

– 161.8% = 24,310

– 200% = 25,400

Once you see these levels, you know: If Nifty bounces strongly from 20,500, watch for resistance at 22,965, then 24,310.

On TradingView (Trend-Based Fib Extension Tool)

Steps:

1. Open a chart and click the Drawing Tools icon (looks like a pencil)
2. Find “Trend-Based Fib Extension” (NOT regular Fib Extension)
3. Click Point A at the swing start (low in uptrend)
4. Drag to Point B at the swing high
5. Drag to Point C at the retracement low
6. Release. TradingView auto-calculates all extension levels

TradingView tip: The “Trend-Based Fib Extension” is the correct tool because it automatically accounts for the direction (up or down) and calculates the retracement line you’re bouncing from.

On Zerodha Kite (Using Fib Extension Tool)

Steps:

1. Open the chart and click “Studies”
2. Search for “Fibonacci” and select “Fib Extension”
3. You’ll see a pop-up asking for Low, High, and Retracement
4. Enter values:

– Low: The swing low (Point A) — e.g., 19,200

– High: The swing high (Point B) — e.g., 21,800

– Retracement: Where price bounced (Point C) — e.g., 20,500

1. Click apply. Kite draws the extension levels on your chart

Kite limitation: You need to manually input the values if you want the exact calculations. There’s no mouse-drag method like TradingView. Many traders copy these into a calculator first:

• 100% = High (21,800)
• 127.2% = High + 0.272 × (High – Low) = 21,800 + 0.272 × 2,600 = 22,507
• 161.8% = High + 0.618 × (High – Low) = 21,800 + 0.618 × 2,600 = 23,407

Using Extensions as Profit Targets

This is where extensions become a real money-making tool instead of just an interesting theory.

The core idea is simple:

1. Identify a Fibonacci retracement bounce (price bounced from 38.2%, 50%, or 61.8% retracement)
2. Draw the extension from the same swing
3. Set profit targets at 127.2% and 161.8% (and 200% for aggressive traders)
4. Close 50% of the position at 127.2% and let the rest run to 161.8%

Real Reliance Example (Actual Trade Scenario)

Imagine you hold Reliance stock:

• Jan 1: Reliance rallies from ₹2,500 to ₹2,800 (300-point swing up)
• Jan 15: Reliance pulls back to ₹2,650 (stopped at 61.8% retracement)
• Jan 20: You notice price is bouncing—time to draw extensions
• Extensions calculate as:

– 100% = ₹2,800 (original high) ← Price is here, starting to move up

– 127.2% = ₹2,897

– 161.8% = ₹3,022

– 200% = ₹3,200

Trading plan:

• Entry: You’re already holding from lower prices, or you buy at ₹2,690 (near the retracement support)
• First target: Sell 50% at ₹2,897 (127.2% extension)—you’ve made ₹207 per share in profit
• Second target: Let 25% ride to ₹3,022 (161.8% extension)—total ₹332 profit per share
• Third target: Let remaining 25% run (with a trailing stop) toward ₹3,200 or beyond
• Stop loss: If price drops below ₹2,650 (the retracement level), it means the bounce failed—exit remaining position

This approach gives you a clear profit-taking roadmap instead of the common mistake of holding too long or exiting too early.

Extensions in Uptrends

In a healthy uptrend, Fibonacci extensions show where to expect the next leg up to end.

Setup:

1. Stock is in a clear uptrend (higher highs, higher lows)
2. Stock pulls back to a Fibonacci retracement level (38.2%, 50%, or 61.8%)
3. Price bounces from the retracement
4. Extensions calculate where the next rally will meet resistance

TCS Example (Tata Consultancy Services):

Let’s say TCS is in an uptrend:

• Jan: TCS rallies from ₹3,500 to ₹3,900 (400-point up move)
• Feb: TCS pulls back to ₹3,700 (50% retracement)
• March: TCS starts bouncing from ₹3,700
• Extensions:

– 127.2% = ₹4,108

– 161.8% = ₹4,345

– 200% = ₹4,700

Uptrend extension strategy:

• Watch 127.2% first. This is where profit-takers often step in. Price might stall here.
• If 127.2% breaks, the trend is very strong. 161.8% becomes the new target.
• If price reaches 161.8%, that’s a major psychological milestone. Heavy selling often happens here.
• Above 161.8%, you’re in “overextended” territory. Most uptrends don’t go much further without consolidating.

Real trading: Many swing traders in TCS would place sell orders just above the 161.8% level, knowing that if price reaches that level, it’s likely to be a top for that swing.

Extensions in Downtrends

In a downtrend, the logic inverts. Fibonacci extensions project how far the price will fall after bouncing.

Setup:

1. Stock is in a clear downtrend (lower lows, lower highs)
2. Stock bounces to a Fibonacci retracement level (38.2%, 50%, or 61.8%)
3. Price rolls over from the retracement bounce
4. Extensions calculate where the next leg down will find support

Bank Nifty Example (Bank Nifty Index):

Imagine Bank Nifty is in a strong downtrend:

• Jan: Bank Nifty falls from 49,000 to 46,500 (2,500-point down move)
• Feb: Bank Nifty bounces to 48,000 (50% retracement)
• March: Bank Nifty rolls over and starts falling again
• Extensions (now measuring downward):

– 100% = 46,500 (original low)

– 127.2% = 45,325

– 161.8% = 44,023

– 200% = 43,000

Downtrend extension strategy:

• If Bank Nifty breaks below 46,500, watch for support at 45,325 (127.2% extension).
• If that breaks, the next support is 44,023 (161.8% extension).
• If that breaks, you’re in a severe downtrend. Price is falling faster than normal.
• Short traders exit 50% at 45,325 and hold 50% to 44,023.

Many short sellers in Bank Nifty would pre-calculate these levels and set buy-to-cover orders at 45,325, knowing that if price falls that far, they’ve made a substantial profit.

Fibonacci Extensions vs Fibonacci Retracements

Confusion between these two tools is the #1 beginner mistake. Here’s the clear difference:

When to use each:

Use retracements when:

• You’re waiting for a pullback to buy
• You want to find support/resistance during a corrective move
• You’re calculating where a bounce might end
• Entry point is your focus

Use extensions when:

• You’re already in a trade and want to know where to exit
• You want to project targets on the next move
• You’re calculating risk/reward ratio
• Profit target is your focus

How to Set Up Fibonacci Extensions on TradingView and Zerodha Kite

Let’s walk through the actual setup on both platforms so you can start using this today.

TradingView Setup (Recommended for Beginners)

Step 1: Open the chart

• Go to TradingView.com and open any chart (NSE: RELIANCE, NIFTY, etc.)
• Switch to 1-hour or 4-hour timeframe (daily works too, but the swings need to be clear)

Step 2: Locate the drawing tools

• Bottom left of the chart, click the icon that looks like a pencil and ruler
• This opens the drawing tools panel

Step 3: Find “Trend-Based Fib Extension”

• Scroll through the drawing tools until you find “Trend-Based Fib Extension”
• Click it
• (Not “Fib Extension”—that’s the simple version. We want “Trend-Based” because it handles the retracement point automatically)

Step 4: Draw the extension

• Click Point A at the swing low (in an uptrend) or swing high (in a downtrend)
• Drag to Point B at the swing high (in an uptrend) or swing low (in a downtrend)
• Drag to Point C at the retracement level (where price bounced back to)
• Release the mouse

Step 5: Read the levels

• TradingView displays the extension levels as horizontal lines with labels:

– 0.618, 1.0, 1.272, 1.618, 2.0, 2.618

– (Note: TradingView shows them as decimals, not percentages. 1.272 = 127.2%)

Step 6: Customize the appearance (optional)

• Right-click the extension tool → Settings
• Change colors, line thickness, or hide certain levels (e.g., hide 261.8% if it’s too far out)
• Click OK

Common TradingView mistakes:

1. Using “Fib Extension” instead of “Trend-Based Fib Extension” — the simple version doesn’t use the retracement point, so it calculates wrong numbers
2. Drawing from right to left — always draw from the swing start to swing end to retracement end
3. Not adjusting timeframes — swings look different on 5-min vs daily charts. Always identify the timeframe first

Zerodha Kite Setup (For Indian Traders)

Step 1: Open the chart

• Go to Kite.zerodha.com → Open a chart (RELIANCE, NIFTY, BANKNIFTY)
• Keep your timeframe consistent (1H, 4H, or daily)

Step 2: Access Studies

• Top-right corner of the chart, click “Studies”
• A dropdown menu appears

Step 3: Search for Fibonacci

• In the search box, type “Fib” or “Fibonacci”
• Select “Fib Extension” from the dropdown
• (Kite calls it “Fib Extension”, not “Trend-Based”. Same thing.)

Step 4: Enter the values

A pop-up window appears asking for three inputs:

• Low: The swing low (Point A) — e.g., 2500
• High: The swing high (Point B) — e.g., 2800
• Retracement: Where price bounced (Point C) — e.g., 2650
• Click “Create”

Step 5: View the levels

• Kite displays the extension levels on the chart
• You’ll see horizontal dashed lines with percentage labels: 100%, 127.2%, 161.8%, 200%, 261.8%

Step 6: Edit or delete

• To delete: Right-click the extension → “Delete”
• To edit values: Right-click → “Edit” (then update Low, High, Retracement)

Common Kite mistakes:

1. Forgetting to input values precisely — Kite doesn’t auto-calculate like TradingView. You must know your swing low, swing high, and retracement level exactly
2. Using the wrong retracement point — make sure you’re using the point where price bounced from, not where it’s heading to
3. Not converting percentage levels correctly — if Kite shows 127.2%, remember that’s 1.272× the range, not 127% profit

Combining Extensions with Other Tools

Fibonacci Extensions are most powerful when used with other technical tools. Let’s see how.

Extensions + Retracements

This is the classic combo:

1. Draw retracements to identify the bounce level
2. Draw extensions from the same swing to identify the exit level
3. Buy near retracement support, sell near extension resistance

Example: Reliance bounces from 61.8% retracement at ₹2,650. Draw extensions from the same swing. Now you know:

• Entry: ₹2,650
• First exit: 127.2% extension at ₹2,897
• Second exit: 161.8% extension at ₹3,022

Extensions + Support and Resistance

Use extensions to confirm hidden support/resistance:

1. Draw extensions from a recent major swing
2. If an extension level aligns with a major support/resistance zone, it’s stronger
3. Price is more likely to stop at a “confluence” of two levels than just one

Example: If the 161.8% extension of a Reliance swing lands at ₹3,000, and there’s also a round-number resistance at ₹3,000, that’s a “double confirmation.” Price is very likely to stop there.

Extensions + RSI (Relative Strength Index)

Use extensions to confirm overbought/oversold conditions:

1. Price reaches the 161.8% extension
2. Check RSI at the same time—is it above 70 (overbought)?
3. If yes, there’s confirmation that price is extended and likely to reverse
4. Exit your long position with higher confidence

Example: Bank Nifty bounces from 50% retracement, rallies to the 161.8% extension (44,023). Your RSI is at 75 (overbought). Two signals = high-probability exit.

Extensions + MACD (Moving Average Convergence Divergence)

Use extensions to identify where momentum will likely exhaust:

1. Price rallies toward the 127.2% extension
2. Watch your MACD—is it forming a bearish divergence (price higher, MACD lower)?
3. If yes, even though price is extending upward, momentum is weakening—likely exit soon

Example: TCS rallies toward 127.2%, but your MACD histogram is shrinking. Momentum is dying. Sell early at 127.2% instead of waiting for 161.8%.

Extensions + Volume

Use extensions to identify where volume should confirm breakouts:

1. Price bounces from retracement support
2. Volume should be HIGH as price rallies toward the extension level
3. If volume is LOW at the extension level, the move might be weak—exit earlier
4. If volume is HIGH, the extension level might be broken—extend your position

Example: Nifty bounces from 50% retracement with high volume. As it rallies to 127.2% extension, volume continues high. This suggests strength—let it run toward 161.8%.

5 Rules for Trading with Fibonacci Extensions

These rules separate profitable traders from account-drainers:

Wait for a Confirmed Retracement Bounce Before Drawing Extensions

Don’t draw extensions speculatively. Wait for price to:

• Pull back to a Fibonacci retracement level (38.2%, 50%, or 61.8%)
• Bounce off that level with some conviction
• Then draw the extension

Why: Extensions are only valid if price has actually retraced. If price doesn’t retrace, you don’t know if the next move will even be an “extension” of the original swing.

Common mistake: Drawing extensions on a swing that hasn’t yet pulled back. You’ll get false signals.

161.8% is More Important Than 127.2%

Many beginners treat all extension levels equally. They don’t.

The hierarchy is:

1. 161.8% (most important—golden ratio)
2. 127.2% (secondary target)
3. 200% (extreme move—rarely reached)

Why: 161.8% is the golden ratio that appears throughout nature and markets. Professional traders globally watch this level. When many traders watch the same level, price respects it more.

How to use: Always place your main profit-taking order near 161.8%, not 127.2%.

Confluence is King—Wait for Extensions to Align with S&R

An extension level by itself is just a line. But if that line aligns with:

• A round number (₹3,000, ₹2,500)
• A previous swing high/low
• A moving average
• A support/resistance zone

Then it becomes a confluence zone—a much stronger level.

Example: If the 161.8% extension lands at ₹3,000 AND there’s a 200-day moving average at ₹2,995, price is very likely to stop in that zone. Sell there with high confidence.

Use Extensions with a Stop Loss—Never Hold Through a Breach

Extensions are targets, not guarantees. Price will sometimes break through them.

Always set a stop loss just below the extension level (if you’re long) or just above (if you’re short).

Example: If you’re long and targeting the 161.8% extension at ₹3,022, set your stop loss at ₹3,010. If price breaks below ₹3,010, the extension failed—exit immediately.

Why: Some moves are stronger than expected and break through extensions. Others are weaker and stop early. Protecting against unexpected breaks is the difference between profitable and broke traders.

Extensions Work Best on Trending Charts, Not Choppy/Sideways Charts

Fibonacci tools work because trends repeat. If there’s no trend, there’s no pattern to exploit.

Before drawing extensions:

1. Confirm the chart is in a clear uptrend or downtrend
2. Avoid drawing extensions on sideways/choppy price action
3. Look for at least 2-3 swings in the same direction before trusting extensions

Example: If Nifty is range-bound between 21,000-22,000 for 2 weeks, drawing extensions is pointless. Wait for it to break out one way or the other first.

Fibonacci Extensions Checklist (Before Every Trade)

Print this and keep it by your desk:

Pre-Trade Checklist:

• [ ] Is the chart in a clear trend (uptrend or downtrend)?
• [ ] Has price pulled back to a Fibonacci retracement level (38.2%, 50%, or 61.8%)?
• [ ] Is price bouncing from that retracement level with volume confirmation?
• [ ] Have I drawn the extension from the same swing (low → high → retracement)?
• [ ] Are the extension levels visible on my chart (127.2%, 161.8%, 200%)?
• [ ] Does the 161.8% extension align with any support/resistance zone (confluence)?
• [ ] Have I identified my entry point (near the retracement level)?
• [ ] Have I set my first profit target at 127.2%?
• [ ] Have I set my second profit target at 161.8%?
• [ ] Have I set my stop loss below the retracement level (or above, in a downtrend)?
• [ ] Is the risk/reward ratio at least 1:2 (e.g., risking ₹100 to make ₹200)?
• [ ] Have I confirmed with another tool (RSI, MACD, volume, support/resistance)?
• [ ] Does the overall market direction support my trade (is NSE/Sensex also moving your way)?
• [ ] Am I trading during liquid hours (9:15 AM – 3:30 PM IST)?

Common Fibonacci Extension Mistakes

Confusing Extensions with Retracements

The error: Drawing extensions inside the original swing range, or retracements outside the range.

Why it happens: Both tools use Fibonacci numbers. Beginners mix them up.

The fix:

• Retracements = inside the range (38.2%, 50%, 61.8%)
• Extensions = outside the range (127.2%, 161.8%, 200%)

Drawing Extensions on Choppy/Sideways Charts

The error: Using extensions when there’s no clear trend.

Why it happens: Beginners think extensions work everywhere. They don’t.

The fix: Only draw extensions on charts with clear higher highs/lows (uptrend) or lower highs/lows (downtrend). Avoid sideways markets entirely.

Not Using a Stop Loss

The error: Holding through a break of the extension level, hoping for recovery.

Why it happens: Greed. “Maybe price will bounce at 161.8%.”

The fix: Always set a stop loss 10-20 points beyond the extension level. If it breaks, exit immediately.

Treating 127.2% and 161.8% as Equally Important

The error: Selling half your position at 127.2% and expecting the other half to reach 161.8%.

Why it happens: Not understanding that 161.8% is the “true” golden ratio level.

The fix: Sell 20-30% at 127.2%, let 70-80% run to 161.8%. Or sell 100% at 161.8%—don’t split equally.

Ignoring the Larger Trend

The error: Trading a Fibonacci extension that goes against the overall market direction.

Why it happens: Focusing only on a single stock’s pattern, ignoring NSE/Sensex direction.

The fix: Before placing any trade, check:

• Is NSE/Sensex moving up or down?
• Is the sector moving in your direction?
• Are major indices supporting your trade?

If Nifty is down 1%, it’s dangerous to go long a single stock, no matter what its extensions show.

Comparison Table: Extensions vs Retracements vs Projections

Many traders get confused between these three tools. Here’s the clarity:

In simple terms:

• Use retracements to find where to enter
• Use extensions to find where to exit
• Use projections only if you have no other tools

Your Next Step

Now that you’ve mastered Fibonacci Extensions, you’re ready to combine them with oscillators and momentum indicators—tools that show you when a move is overextended.

In the next article in this series, we’ll cover Stochastic Oscillators, which work perfectly with extensions:

• When price reaches a Fibonacci extension level, a Stochastic reading above 80 confirms it’s overbought
• This confirms your exit signal

You’ll learn:

• How Stochastic works (it’s simpler than RSI)
• How to read overbought/oversold signals
• How to combine Stochastic with extensions for perfect exit points

[Watch for the next article: Stochastic Oscillator — Your Complete Beginner’s Guide]

Self-Assessment Quiz

Test the understanding of Fibonacci extension levels, three-point method, and confluence.

Related Articles

• Fibonacci Retracements: The Complete Guide
• Support and Resistance: The Complete Guide
• Breakout Trading Strategies
• RSI Basics: Understanding the Relative Strength Index
• MACD Basics: Moving Average Convergence Divergence Explained
• ATR: Measuring True Volatility

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Date: March 7, 2026