📐 The Golden Ratio: The Mathematical Soul of Elliott Wave! 🚀Why do Elliott Waves turn exactly where they do? It’s not magic—it’s Fibonacci. The market is a natural phenomenon, and like the spiral of a galaxy or a seashell, it obeys the Golden Ratio ($1.618$).
🧬 The DNA of Price Action:
The Deep Breath (Wave 2): Usually retraces $50\%$ to $61.8\%$ of Wave 1. If you see price bouncing at the $.618$ level, you’re likely looking at the launchpad for a massive move.
The Rocket Ship (Wave 3): This is the powerhouse. It typically extends to the $161.8\%$ or even $261.8\%$ extension of Wave 1. This is where "Smart Money" makes its fortune.
The Final Stretch (Wave 5): Often equals the length of Wave 1 or travels $61.8\%$ of the distance from the start of Wave 1 to the top of Wave 3.
💡 Why This Changes Your Trading:By combining Elliott Structure with Fibonacci Levels, you stop chasing green candles and start anticipating them. You gain the ability to set "Target Zones" with surgical precision. When a Wave count aligns perfectly with a Fib level, the probability of a reversal becomes sky-high.
Stop trading blindly. Start trading the geometry of the universe. 🌌
#Which Fibonacci level is your favorite for entries? $.618$ or $.786$? Let’s hear your strategy! 👇