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The Fibonacci sequence is a series of numbers where each number is the sum of the two preceding ones. It is closely related to the golden ratio, which appears in various natural and artistic contexts.
Fibonacci sequence explained. The Fibonacci sequence is a series of numbers in which each number is the sum of the two that precede it. Starting at 0 and 1, the first 10 numbers of the sequence ...
The next number in the sequence is found by adding up the two numbers before it. The ratio for this sequence is 1.618. This is what some people call ‘The Divine Proportion’ or ‘The Golden Ratio’. This ...
Fibonacci retracement levels, derived from the Fibonacci sequence, are used to identify potential support and resistance levels. Key percentages include 23.6%, 38.2%, 50%, 61.8%, and 78.6%.
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