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How does the golden ratio relate to the Fibonacci sequence? - Answers
The golden ratio is approximately 1.618: 1. This ratio is commonly found in nature and architecture. Stock traders often look for this ratio in patterns on stock charts. One way to compute this ratio is to compare any adjacent Fibonacci numbers. For this reason stock traders often refer to this type of analysis using the term Fibonacci, as in "Fibonacci retracements".
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How does the golden ratio relate to the Fibonacci sequence? - Answers
The golden ratio is approximately 1.618: 1. This ratio is commonly found in nature and architecture. Stock traders often look for this ratio in patterns on stock charts. One way to compute this ratio is to compare any adjacent Fibonacci numbers. For this reason stock traders often refer to this type of analysis using the term Fibonacci, as in "Fibonacci retracements".
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How does the golden ratio relate to the Fibonacci sequence? - Answers
The golden ratio is approximately 1.618: 1. This ratio is commonly found in nature and architecture. Stock traders often look for this ratio in patterns on stock charts. One way to compute this ratio is to compare any adjacent Fibonacci numbers. For this reason stock traders often refer to this type of analysis using the term Fibonacci, as in "Fibonacci retracements".
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