The pattern hides a powerful secret.
If you divide each number in the sequence by its predecessor (except for 1 divided by 0), then as you move toward higher numbers, the result converges on the constant phi, or approximately 1.61803, otherwise known as the golden ratio. The sequence has a long history.
If you divide each number in the sequence by its predecessor (except for 1 divided by 0), then as you move toward higher numbers, the result converges on the constant phi, or approximately 1.61803, otherwise known as the golden ratio. The sequence has a long history.
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Recent examples of fib VictoriesNote
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Example 1Trade active
AVAUSDTrade active
AVAUSD Update Note
Example #2Note
Example #2Trade active
Example #2 updateTrade active
Example #2 EURCAD UpdateTrade active
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.