What is the logic behind golden Mean – Fibonacci Series?

[sreevalli]

This ratio was found by fibonacci which is found Aas follows:

Fibonacci- 0 and 1 is the original number and adding the latter with the former in the sequence will be a serious of numbers

0,1,1, 2,3,5,8,13 and so on

 

[davidrajan]

<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Open Sans’; font-size: 13px; line-height: 20px;”>This ratio was found by Fibonacci which is found as follows.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Open Sans’; font-size: 13px; line-height: 20px;”>Fibonacci Series: 0 and 1 is the original number and adding the latter with the former in the sequence will a series of numbers. 0,1,1,2,3,5,8,13 and so on</p>

[Vinoth Kumar]

FIBONACCI SERIES- 0 1 1 2 3 5 8 13 21 34 55 89 144 233 ….up to infinity . The mathematical miracle of the series is we get 1.618 called GOLDEN MEAN when one number in the series is divided by the previous number in the series

[goodwinbritto]

The Fibonacci series is a sequence of numbers starting from zero arranged in such a way that the value of any number in the series is the sum of the previous two numbers.
The Fibonacci sequence is as follows:
0 , 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610

Divide any number in the series by the previous number; the ratio is always approximately 1.618.
The ratio of 1.618 is considered as the Golden Ratio, also referred to as the Phi. When used in technical analysis, the golden ratio is typically translated into three percentages: – 38.2%, 50% and 61.8%.

[gorantla.vinod]

The golden ration/golden mean appears frequently enough in the timing of highs and lows and price resistance points that adding this tool to technical analysis of the markets may help to identify fibonacci retracements , the key turning points in price movements.

[Author]

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