Fibonacci numbers 0,1,1,2,3,5,8,13, ..
Traders don’t typically use the sequence itself (0, 1, 1, 2, 3, 5, 8…) but key ratios and proportions that derive from it, particularly 23.6%, 38.2%, 61.8%, and 100%. Hidden in the Fibonacci sequence is the “divine proportion,” or “golden ratio.” Dividing two consecutive Fibonacci numbers converges to about 1.618. The sequence’s application to financial …

