Fibonacci numbers: The Fibonacci number sequence (1,1,2,3,5,8,13,21,34...) is constructed by adding the
first two numbers to arrive at the third. The ratio of any number to the next larger number is 62%, which
is a popular Fibonacci retracement number. The inverse of 62%, which is 38%, is also used as a Fibonacci
retracement number.
first two numbers to arrive at the third. The ratio of any number to the next larger number is 62%, which
is a popular Fibonacci retracement number. The inverse of 62%, which is 38%, is also used as a Fibonacci
retracement number.
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