![]() ![]() Consider the levels (lines) of Fibonacci. In technical analysis, there are several derivatives that are formed and plotted based on the Fibonacci formula. Dividing any of these numbers into the previous one, you will get approximately 1.61 – the number that is taken as a coefficient in the construction of graphs using the Fibonacci tools. – This is a series of consecutive numbers and it is noteworthy in that each subsequent number is equal to the sum of the two preceding ones. ![]() Nowadays, they are used in many areas of life, and trading is no exception. Tool Description Levels Fibonacci in ThinkOrSwimįibonacci levels are developed by mathematical calculation in the XII century by the scientist L. ![]()
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