Fibonacci sequence in forex

Fibonacci tools utilize special ratios that naturally occur in nature to help predict points of support or resistance. Fibonacci numbers are 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, etc. The main fibonacci sequence in forex used is . Fibonacci Retracements Arguably the most heavily used Fibonacci tool is the Fibonacci Retracement.