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Fibonacci Number Derivations
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| The Fibonacci numbers
utilized in Harmonic Trading are directly or indirectly derived from
the primary ratios 0.618 and 1.618 from the Fibonacci sequence.
Although other technicians may utilize different percentage ratios, the
following list comprises the only ratios that determine precise
Harmonic patterns. |
| Primary Ratios: 0.618
& 1.618 (From the Fibonacci Number Sequence). |
Primary Derived
Ratios:
- 0.786 = square
root of the 0.618
- 0.886 = fourth
root of the 0.618
- 1.13 = inverse of
the 0.886 (1/0.886)
- 1.27 = inverse of
the 0.786 (1/0.786)
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| Complimentary Derived
Ratios: 0.382, 0.50, 1.41, 2.0, 2.24, 2.618, 3.14, 3.618 |
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