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Forex question What is a Fibonacci Lines?
avatar Catkathy
Question by: Joseph - 11 Nov 2016, 09:01:08
What is a Fibonacci Lines?
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Answers (1)
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Answer by: Samanthar - 11 Nov 2016, 09:10:23

Fibonacci lines are based on ratios that exist naturally. The ratios are based on the "Fibonacci numbers," in which each successive number is the sum of the two previous numbers. e.g. 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc.

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