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The Fibonacci series is the sequence where each number is the sum of the previous two numbers of the sequence. The first two numbers are 0 and 1 which are used to generate the whole series.

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The Fibonacci sequence is a set of steadily increasing numbers where each number is equal to the sum of the preceding two numbers.

Using practical examples like EURUSD and oil, I’ll show you how to apply Fibonacci levels effectively—whether you’re a day trader or focusing on medium-term trends.

Learn about the origins of the Fibonacci sequence, its relationship with the golden ratio and common misconceptions about its significance in nature and architecture.

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Find out more about Fibonacci retracement levels and how some forex traders use them profitably in their trading strategies.

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Fibonacci retracement levels are a strategy that some traders use to analyze a stock’s resistance levels. You can use many different retracement levels but one of the most common is 61.8%.