Auto Fib extension
The last completed swing projected from its pullback at Fibonacci ratios.
Formula
Level = C + ratio × (B − A), ratios 0, 0.382, 0.618, 1, 1.272, 1.618, 2.618
How to use it
Projects targets for the next leg of a trend.
In Kereon
Charts · Superchart. From the last three confirmed zig-zag pivots (5% swings by default).
Also called: fibonacci extension, fib extension, extension, projection.