Is fibonacci extension and expansion the same thing?

[Clint]

@haris24

… instead of fibonacci extension there is fibonacci expansion i was wondering if they are the same thing …

You will find your answers in this post from 16 months ago —

Is the fibonacci expansion the same as the fib extension levels?

Fibonacci extension and fibonacci expansion are opposites. A fibonacci extension goes in the same direction as an ordinary fibonacci retracement. That is, it’s an extension of the fibonacci retracement. A fibonacci expansion goes in the direction of the original price move (before the retracement). It projects probable price levels in the event of a continuation of the original move. Pictures will make this easier to understand. (Click the images to enlarge them.) [- 1] [- 2] [- 3] …