What Is Ratio Chart in Stock

Golden Ratio Explained. Golden Ratio is denoted by Φ or φ (Phi) and is an irrational number with an approximate value of 1.618034. The trend we see in the Fibonacci Sequence is that when we take a number in this sequence and divide it by the previous number, it gives us a value close to Phi, and it increasingly gets closer to Phi as the ...

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