Tag Archives | Fibonacci

Phi: The Golden Ratio

Also referred to as the golden mean, golden section, golden number or divine proportion, the golden ratio is a number, approximately 1.618, that possesses many unusual mathematical properties. Over two thousand years ago phi was identified by Euclid because of it’s crucial role in the construction of the pentagram. Since then the ratio has been […]

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Leonardo Fibonacci Biography

Leonardo Pisano, now better known by his nickname Fibonacci, also sometimes used the name Bigollo, which may mean good-for-nothing or a traveller. He was born in Pisa, Italy around 1170. At the time, Pisa was an important commercial town and had links with many Mediterranean ports. He was the son of Guilielmo Bonacci, a diplomat […]

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Fibonacci Time Zones

Fibonacci time zones are composed by dividing a chart with vertical lines spaced apart in a ratio adhering to the Fibonacci number sequence (1, 1, 2, 3, 5, 8, 13, etc.). The interpretation of Fibonacci Time Zones involves looking for significant price movement near the vertical lines. Also known as Fibonacci Time Series. Related Articles: […]

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Fibonacci Retracements

Fibonacci Retracements are displayed by locating two extreme points, a trough and opposing peak. Five lines are drawn: 100% (the high on the chart), the second at 61.8%, the third at 50%, the fourth at 38.2%, and the last one at 0% (the low on the chart). These price levels often correspond to areas of […]

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