Fibonacci retracement uses specific ratios to predict stock reversals. Key Fibonacci levels are 0%, 23.6%, 38.2%, 50%, 61.8%, and 100%. Investors use these levels for setting price goals and trading ...

Geniuses from Mozart to Leonardo da Vinci have used the Fibonacci Sequence. But what is it and why does it make great music? The Fibonacci Sequence has been nicknamed ‘nature’s code’, ‘the divine ...

The next number in the sequence is found by adding up the two numbers before it. The ratio for this sequence is 1.618. This is what some people call ‘The Divine Proportion’ or ‘The Golden Ratio’. This ...

Why do traders use Fibonacci retracements? Markets rarely move in a straight line, and often experience temporary dips – known as pullbacks or retracements. Fibonacci retracements are used by traders ...