Is anyone here using Fibonacci Extentions for profit taking targets in FX ?

If yes, can you explain how you are using and which levels do you consider important.

I religeously use Fib retracements to help with my trading. Key retracement levels, 38.2 50.0 and 61.8 seem default, though when it comes to Fib Extentions, after much research, it seems that there are many different interpretations.

Most common extention levels used seem to be 1.382 (weaker trend) and 1.618 (stronger trend).

Anyway, interesting to here any thoughts.

If yes, can you explain how you are using and which levels do you consider important.

I religeously use Fib retracements to help with my trading. Key retracement levels, 38.2 50.0 and 61.8 seem default, though when it comes to Fib Extentions, after much research, it seems that there are many different interpretations.

Most common extention levels used seem to be 1.382 (weaker trend) and 1.618 (stronger trend).

Anyway, interesting to here any thoughts.