In financial markets, many traders are looking for a tool that can help them accurately identify entry and exit points. Fibonacci analysis is exactly such a tool — it is not a complex algorithm, but a perfect application of mathematical laws from nature in the market.
Why 1.618? Unraveling the Mystery of the Golden Ratio
The so-called golden ratio is a mathematical constant that is widely found in nature. This ratio appears not only in shells, flowers, and the human body but is also deeply embedded in the price fluctuations of financial markets.
The core logic of the Fibonacci sequence is simple: each number is the sum of the two preceding numbers.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The secret weapon of forex trading: Fibonacci is not just mathematics, but also the key to the market
In financial markets, many traders are looking for a tool that can help them accurately identify entry and exit points. Fibonacci analysis is exactly such a tool — it is not a complex algorithm, but a perfect application of mathematical laws from nature in the market.
Why 1.618? Unraveling the Mystery of the Golden Ratio
The so-called golden ratio is a mathematical constant that is widely found in nature. This ratio appears not only in shells, flowers, and the human body but is also deeply embedded in the price fluctuations of financial markets.
The core logic of the Fibonacci sequence is simple: each number is the sum of the two preceding numbers.