Fibonacci Secrets
Fibonacci secrets revolve around the Fibonacci sequence, a series of numbers where each number is the sum of the two preceding ones (0, 1, 1, 2, 3, 5, 8, 13, etc.). These numbers appear in various natural patterns, such as the arrangement of leaves, flower petals, and the spirals of shells.
In finance, Fibonacci ratios (like 23.6%, 38.2%, 61.8%) are used in technical analysis to predict potential support and resistance levels in price movements, helping traders make informed decisions. These ratios are derived from the sequence and are believed to reflect the natural rhythm of market
dynamics.
