March 7 (Tue): Nikkei 225 (Course: “Mysterious Numbers” Fibonacci)
Good morning☀
Today we will talk about the Fibonacci numbers, the “mystical numbers.”
Do you all know Fibonacci?
I love mathematics, so I have been interested in Fibonacci even before I dipped my toes into the world of trading.
I am not an Elliott Wave-only trader (an Elliott wave user).
If I dare to say itFibonacci Traderis what I am.
“Golden ratio”
the ratio often referred to is actually the Fibonacci ratio.
Humans tend to find what is “beautiful” to bethe “Golden ratio”in many cases.
In architecture,
the Parthenon in the above picture.
Other examples include the pyramids, Kinkaku-ji, and the Sagrada Família.
In charts, the perception of beauty as “beautiful”the Golden ratioappears everywhere.
After being able to construct multiple scenarios,
when judging which scenario has the edge…
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