What is the logic behind golden Mean – Fibonacci Series?

[Pradeep]

The golden mean in Fibonacci series is 61.8%

This is the ratio of dividing one number in the Fibonacci series by the number following it.

[Vishal Rath]

Golden mean is the ratio between two adjacent number in the Fibonacci series. (23.6, 38.2, 61.8, 100)

Example- 23.6/38.2=0.618;  38.2/61.8=0.618; 61.8/100=61.8

[Dipakk Mehta]

Finonacci retracement points are followed by golden mean where the difference of ratio between each points that comes next in the sequence is 61.8%

23.6%, 38.2%,61.8%

in the market it can be used to predict the support and resistance level . For 100 points rise the setback is 61.8

[Vijayavani]

The golden mean in Fibonacci series is 61.8%

[S Suresh]

In Fibonacci series the ratio between two numbers is called a Golden mean or ratio, i.e. 23.6, 38.2, 61.8, 100. Dividing any two numbers we will probably get 61.8 and hence it is called golden mean.

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