Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

Fibonacci sequence explained- part 2 #fibonacci #trading #forex #fyp

26 Jan 2025 · 1 min

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Vladimir Ribakov shows how dividing each Fibonacci number by the one before it (5/3, 8/5, 13/8) produces ratios that converge to the golden ratio, about 1.618. After the first few terms, the pattern stabilizes, a property traders use in technical analysis.

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that people don't pay attention to. And here is what I'm talking about. If you take the numbers, right, their order, as you can see here, and what you do is divide the number by the one before, for example, 5 divided by 3 will give you the ratio Of 1.6 and something. 8 divided by 5, 13 divided by 8, 21 divided by 13, and so on and so on and so on. This— pay attention to this— besides the first numbers, look what happens here. Golden