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Fibonacci and the Golden RatioBelow, we review the tools developed to take advantage of this pattern. The golden ratio is an irrational number equal to (1+√5)/2, or 1.6180. Technical analysts use four main Fibonacci-based ...
Have you ever heard of the Fibonacci sequence? Or the Golden Ratio? Or the Golden Spiral ... creating beautiful and pleasing patterns. So 1+1=2, 1+2=3, 2+3=5, and so on. This gives you a sequence ...
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