Based on the Fibonacci sequence, this tool applies specific ratios—such as 23.6%, 38.2%, 50%, 61.8%, and 78.6%—to help forecast areas where the price might experience a pullback or ...

The Fibonacci sequence, commonly attributed to medieval Italian mathematician Leonardo Fibonacci (c. 1170-1250), has a rich history spanning multiple civilizations and millennia.

Fibonacci retracements are tools to draw support lines, identify resistance levels, and place stop-loss orders. Learn how to use Fibonacci ratios in trading.

The Fibonacci sequence starts from 0 1 and every number thereafter is built by the sum of the previous two. Every number in the Fibonacci sequence is 61.8 percent of the next number.