A Fibonacci fan is a method of plotting support and resistance levels based on the ratios provided by the Fibonacci series. From the start point, trendlines are drawn at intervals of 23.6%, 38.2% ...

The Fibonacci sequence is a famous mathematical sequence where each number is the sum of the two preceding ones. People claim there are many special properties about the numerical sequence, such ...

Fibonacci analysis is a set of technical trading strategies based on the Fibonacci numbers or the "golden ratio." The Fibonacci series begins with zero and one, where the previous two numbers are ...

Fibonacci numbers “always make mathematicians happy,” said Tara Holm, a mathematician at Cornell University. Their appearance in McDuff and Schlenk’s work, she added, was “some indication ...

Below it, the short term target is 78.6% the other way at 3292.50, per the ONE44 78.6% rule, this is also a major Gann square. If this is all it can setback, look for a quick run to new highs. The ...

Using Fibonacci retracement in day trading You can use Fibonacci retracement as the basis for typical strategies to ensure a stable trading sequence. The levels realised in Fibonacci retracement can ...