5/30/2023 0 Comments Fibonacci time extensionsAccording to Fibonacci, the golden ratio is 1.618, as it frequently appears in different scenarios in the natural world. The golden ratio in these sequences is 1.618, as every number is over 1.618 times higher than the preceding number. In the sequence, after 0 and 1, every number is the sum of the two prior numbers such as 0,1,1,2,3,5,8,13,21,34,55,89, etc. Later, the sequence was referred to as the Fibonacci sequence and was comprehensively used by many top traders, hedge fund managers, and investors in their respective trading styles and strategies. In 1202, Fibonacci came up with a weird number sequence that was derived from Hindu-Arabic numeral systems. As a young man, Fibonacci was always fond of numbers and studied mathematics extensively. Leonardo Pisano, widely known as the Fibonacci or Fib Man, was a great mathematician of his time.
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