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Add the last two numbers to get the next
The MAGIC number in Fibonacci Ratios
Fibionacci
PHI
In Nature
In Trading
FIBIONACCI RATIOS
In nature the Fib levels can form shapes like Shells and Ram’s horns
In Trading Fib levels Mark Important areas where the market will bounce or hold it’s position before a move
1+1=2
1+2=3
3+2=5
3+5=8
etc
1.618
divide one number by another
after 21/34