The Fibonacci sequence is a series of numbers where each number is the sum of the two preceding ones. It is closely related to the golden ratio, which appears in various natural and artistic contexts.

Let’s define Fn as any number in the sequence, and then define (n-1) as the number positioned just before Fn, and (n-2) as the number two positions before Fn in the sequence. For any Fibonacci ...

Fibonacci retracements are tools to draw support lines, identify resistance levels, and place stop-loss orders. Learn how to use Fibonacci ratios in trading.

Traders use multiple applications of the sequence in the financial markets.These include Fibonacci retracements, arc, time zones, and fans. Retracements are created when the distance between two ...

Fibonacci sequence explained. The Fibonacci sequence is a series of numbers in which each number is the sum of the two that precede it. Starting at 0 and 1, the first 10 numbers of the sequence ...