20th November
2008
No, it’s not a type of pasta Fibonacci analysis is a great way to improve your analytical skills when trying to identify support and resistance levels. Fibonacci analysis is based on the Fibonacci series of numbers. These numbers have been developed and explored by mathematicians for centuries and are named after Leonardo of Pisa (Fibonacci) who did a lot of work to popularize them in 13th century Italy.
The rest is here:
14. Fibonacci Analysis