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You're probably familiar with Fibonacci series of numbers, first analyzed in a published manuscript by the 13th-century mathematician Leonardo, son of Fibonacci of Pisa (in what is now Italy). The ...
These magic numbers used properly are the basis of the Fibonacci retracement levels. Fibonacci retracement levels are calculated by using the ratios obtained through a Fibonacci sequence.
Figure 2 The Fibonacci series is an infininite series beginning with the numbers 0 and 1 where each number is the sum of the two preceding numbers. Source: John Dunn The increasing numbers in the ...
Learn about the origins of the Fibonacci sequence, its relationship with the golden ratio and common misconceptions about its significance in nature and architecture.