What is the logic behind golden Mean – Fibonacci Series?

[vishal]

The golden ratio is a special number approximately equal to 1.618 This can be used to understand the retracement level

[sivaranjani]

It signifies that market will retrace a portion of it move .

Golden ratios are – 38% and 62%.

[Divya]

fibonacci series is 0,1,1,2,3,5,8,13,21,34,55,89….244 it is a mathematical theory and it is a calculated by adding the previous two number and it is a infinity .

[Anitha Ramesh]

Fibonacci series is 0,1,1,2,3,5,8,13,21,34,55,89,….

The difference between the consecutive numbers is 1.618

The  number got when  dividing a number by the second number in the right is 0.382 approximtely (8/21,13/34,….)

The number got when dividing a number by the third number in the right is 0.236 approximately(1/3,2/8,5/21,…..)

The golden ratio are 61.8%,38.2%,23.6%( arrived by the method above)

[Amith Nandakumar]

Fibonacci series are 0,1,1,2,3,5,8,13,21………

By using this concept the golden ratios of 61.8% and 38.2% is found.

[Author]

Posts