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As we’ve seen, the best way to reach that particular value – after all, it’s physically impossible to do so exactly – is to use the Fibonacci numbers." So why is the Fibonacci sequence ...
Fibonacci retracement is a popular tool in technical analysis used by traders to identify potential reversal levels and support or resistance points in the price movement of assets. Based on the ...
One popular pattern spotted in many places is the Fibonacci sequence. You’ve likely encountered it before, perhaps as a spiral graphic often superimposed over images of human ears, hurricanes, or ...
Using the Fibonacci Sequence in Financial Markets The application of Fibonacci numbers in financial markets might seem like an unlikely leap from the Mona Lisa, rabbits, and sunflowers-but these ...
Fibonacci retracement levels are a strategy that some traders use to analyze a stock’s resistance levels. You can use many different retracement levels but one of the most common is 61.8%.
Ordinary computers use bits, or 0s and 1s ... This led them to the Fibonacci sequence, in which the next number of the sequence is created by adding the previous two. Whereas a simple periodic ...