Tag: Fibonacci

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...