How to Analyze 100.0 Fib Extension Level

We useFibonacci expansion areas to estimate where the market trend movement will reach. There are two important Fib expansion areas: 61.80% and 100.0% Fib Extension Levels, these are used for taking profit.

100.0 Indices Trading Fibonacci Extension Level

100.0 Indices Fibo Extension Level isn't oftenly used to set indices profit taking orders when trading using the Fibo Extension Technical Indicator.

Most indices traders will use the 61.8 % Fib Extension level.

To draw Fib Extension levels on the stock indices chart we wait until the stock indices trading price retracement is complete & stock indices trading price starts to move in original direction of the Indices trend. Where the stock indices price retracement reaches is used as chart point 3. Fib Extension Indicator is plotted using three chart points as illustrated on the trading example explained below of how to plot the Fib Extension Technical IndicatorTool.

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

Chart point 1 is where the indices trend started, Chart point 2 is where the indices trend pulled back and retraced and Chart point 3 is where the stock indices retracement reached as portrayed on the Fib Extension Indicator Tool example explained below.

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

61.8% Indices Fibo Extension and 100.0% Indices Trading Fib Extension Level Used to Set Take Profit Indices Orders

Please note where these Fibo Extension areas are drawn - Fib Extension zones are plotted above the Fibo indicator, these are chart points where one will set take-profit orders using these Fibo Expansion Levels - 100.0% Fib Extension Level is the second Fibonacci Level.