In trading, specific percentages derived from the Fibonacci sequence — 23.6%, 38.2%, 50%, 61.8%, and 100% — are used to predict potential reversal levels in asset prices.

Traders swear by Fibonacci retracement — a simple yet powerful tool that helps decode the market’s twists and turns. Rooted in a centuries-old mathematical sequence, these key levels reveal where ...

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 ...

If you buy into the Fibonacci framework of thinking, then you would say that the stock price bounced off the first resistance level (the difference between the predicted $12,280 and the actual ...