Draw Fibonacci retracement and extension grids to identify hidden support and resistance that may come into play during the life of a trade.

Fibonacci retracements are tools to draw support lines, identify resistance levels, and place stop-loss orders. Learn how to use Fibonacci ratios in trading.

The first five numbers in the Fibonacci sequence are 1, 1, 2, 3, and 5. Each square on the clock represents one of these numbers—the side lengths of each square match these numbers.

The intriguing sequence was first mentioned by Fibonacci in his book Liber Abaci, which was published in Pisa in A.D. 1202. To solve a hypothetical problem about the multiplication of rabbits,-he ...

When drawing a line down the middle of the spiral, you’ll see it increases by a factor of 1.618 per iteration. This number is the golden ratio, the irrational number you get when dividing one ...

Fibonacci numbers “always make mathematicians happy,” said Tara Holm, a mathematician at Cornell University. Their appearance in McDuff and Schlenk’s work, she added, was “some indication ...