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.

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

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 ...

The use of Fibonacci retracement levels offer s three levels of potential support in an uptrend and three levels of resistance in a downtrend. T hey are the 38.2%, the 50% and the 61.8% levels.

The use of Fibonacci retracement levels offer s three levels of potential support in an uptrend and three levels of resistance in a downtrend. T hey are the 38.2%, the 50% and the 61.8% levels.

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 ...

The SPX500 is the CFD instrument that tracks the S&P 500 which non-US residents can trade. After three straight days of declines, the Index is setting up for a rebound from the 38.2% Fibonacci ...

The Fibonacci sequence was developed by the Italian mathematician, Leonardo Fibonacci, in the 13th century. The sequence of numbers, starting with zero and one, is a steadily increasing series ...