Fibonacci 0.618, often referred to as the "Golden Ratio", is a key level derived from the Fibonacci sequence. As the numbers in the Fibonacci sequence get larger, the ratio of one number to the next approaches approximately 0.618 (or its inverse, 1.618). This value is known as the Golden Ratio.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.