How to Perfectly Set Up Fibonacci Extension in TradingView

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Hey trader! Let’s dive into setting 
up your Fibonacci Extension tool  

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for precise and effective analysis in TradingView.

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To set them up, select the Fibonacci Extension 
tool and mark the three points: the start  

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of the move, the end of the move, 
and the end of the retracement level.

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For bullish trends, go from the low 
to the high, and for bearish trends,  

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reverse the process. Once drawn, open 
the settings and adjust them for clarity.

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First, extend the lines to the right, making 
them easier to track as the price evolves.

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Next, remove unnecessary levels and focus 
only on the key ones: 100%, 161,8%, 200%,  

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and 261.8%. Disable the background 
shading to keep your chart clean  

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and visually focused. Also, turn off the display 
of price values to minimize distractions. Lastly,  

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under the 'Level' section, switch to 'Percent' 
to display the extension levels as percentages.

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For a deeper understanding, check out our video, 
"Mastering Fibonacci Retracement & Extension  

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Levels", where we explore market structure and 
how to use Fibonacci tools like a pro. Please  

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remembre to keep our top recommendations 
in mind, and best of luck in your trades!