Fibonacci is in essence a sequence of numbers which were discovered by Leonardo Fibonacci, an Italian mathematician. The numbers commence with zero, and then 1 after that. The third number is usually calculated by adding 0+1, which...
In this article we will discuss about a widespread, well-known key element of technical analysis. Why do you think technical analysis especially some elements work so well for financial markets? Why do you think Fibonacci levels are...
Fibonacci numbers were named after an Italian mathematician called Leonardo Fibonacci. Fibonacci developed the numbers in 1170 when he was carrying out studies on the Egyptian Great Pyramid of Giza. Simply put, Fibonacci numbers are a series...
We all are familiar with the fact that successful traders use Fibonacci and the Golden ratio. Before, we all get ready to try our luck, it is imperative that we know and understand what they are. While...
Fibonacci sequence – 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc. Interpretation of the Fibonacci numbers in forex technical analysis anticipates changes in trends as prices approach lines created by the Fibonacci...
