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The secret weapon of forex trading: Fibonacci is not just mathematics, but also the key to the market
In financial markets, many traders are looking for a tool that can help them accurately identify entry and exit points. Fibonacci analysis is exactly such a tool — it is not a complex algorithm, but a perfect application of mathematical laws from nature in the market.
Why 1.618? Unraveling the Mystery of the Golden Ratio
The so-called golden ratio is a mathematical constant that is widely found in nature. This ratio appears not only in shells, flowers, and the human body but is also deeply embedded in the price fluctuations of financial markets.
The core logic of the Fibonacci sequence is simple: each number is the sum of the two preceding numbers.