November 28, 2016 BY LeapRate Staff

Why do traders use the Fibonacci retracement?

This article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The Fibonacci sequence is a series of numbers that seem to consistently occur in nature. 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, ... The next number is found by adding up the…

Read more