100.0% Stocks Trading Fib Expansion Level

We useFibo expansion levels to estimate where the stock trend movement will reach. There are Two important Fibonacci expansion areas: 61.8% and 100.0% Stock Trading Fibo Expansion Levels, these are used for profit taking.

100.0 Stocks Trading Fib Expansion Level

100.0 Stock Trading Fib Expansion Level is not commonly used to set stock profit-taking orders when trading using the Stock Fibonacci Expansion Technical Indicator.

Most stock traders will use the 61.8% Stock Trading Fibo Expansion level.

To draw Stock Fib Expansion levels on the stock chart we wait until the stocks price retracement is complete and the stocks price starts to move in original direction of the Stock trend. Where the stocks price retracement reaches is used as chart point 3. Stock Trading Fibo Expansion Technical Indicator is plotted using Three chart points as illustrated and shown on the trading example illustrated & explained below of how to plot the Stock Fib Expansion Technical Indicator.

The Fib expansion examples described below shows the Three Chart Points where the Fibonacci expansion technical indicator is plotted, marked as Chart point 1, Chart point 2 and Chart point 3.

Chart point 1 is where the stock trend started, Chart point 2 is where the stock trend pulled back and retraced & Chart point 3 is where the stock retracement reached as shown on the Stock Fibonacci Expansion Indicator Tool examples illustrated and described below.

The First Stock Trading Fibo Expansion Level is 61.8% Stock Fibonacci Expansion Level & the second is 100.0 Stock Trading Fib Expansion Level shown Below - These Stock Trading Fibo Expansion Levels are Used by Stock Traders to Set Take Profit Stock Orders

Stock Trading Fibonacci Expansion Level - 61.8% Stock Trading Fibo Expansion and 100.0% Stock Trading Fib Expansion Level Used to Set Take Profit Stock Orders

Please note where these Stock Trading Fibo Expansion zones are plotted - Stock Trading Fibo Expansion zones are drawn above the Fibonacci indicator, these are the chart points where a trader will set the takeprofit orders using these Stock Trading Fibo Expansion Levels - 100.0% Stock Fibonacci Expansion Level is the second Fibonacci Level.