What is the Fibonacci Sequence?

 

The Fibonacci sequence is a series of numbers that follows a specific pattern. It starts with 0 and 1, and then each subsequent number is the sum of the two numbers before it. The sequence is well known among mathematicians and other scientists due to its many applications in various fields. It can also appear in nature as well, appearing in growth patterns such as the arrangement of leaves on a branch or the spirals of a nautilus shell.

In this blog post, we’ll explore some of the more interesting examples of how the Fibonacci sequence can be used. To help you understand how this series works, we’ll start with an example: 0, 1, 1, 2, 3, 5, 8, 13…and so on. Each successive number is simply the sum of the two preceding ones (0+1=1; 1+1=2; 1+2=3; 2+3=5).

One practical use for the Fibonacci sequence can be seen in currency trading. Many traders will use this sequence to track levels at which they should buy or sell currencies. By understanding Fibonacci's retracement levels, traders are able to better anticipate potential price movements.

The Fibonacci sequence can also be used to calculate ratios that can improve your design work when it comes to graphics or presentations. For example, if you divide any number in the sequence by its immediate predecessor – such as dividing 8 by 5 – you get an approximation of Phi or 1.61803 (the Golden Ratio).  Source: Fibonacci Series – All you need to Know

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