module 17 support & resistances 2 the fibonacci magic · magic . the "greatest european...
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Module 17
Support & Resistances 2 – The Fibonacci Magic
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The "greatest Europeanmathematician of the middleages", his full name was Leonardoof Pisa, or Leonardo Pisano inItalian since he was born in Pisa.
He was one of the first people tointroduce the Hindu-Arabicnumber system into Europe - thepositional system we use today -based on ten digits with itsdecimal point and a symbol forzero.
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1 1 2 53 8 13 5521 34 89 144 233 377
618.0377233
6180233144 . 618.0
144
89
382.0377
144
236.0377
89
618.0618.0
382.0
618.0382.0
236.0
618.089
55
618.1233
377
618.2144
377
236.489
377
618.0618.2
618.1
618.0236.4
618.2
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618.0ab
618.0baa
a + b is to a as a is to b
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A golden spiral gets wider (or further from its origin) by a factor of Φ for every quarter turn it makes.
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20
10 18,6618,010
82,1318,600,20
10618,118,6
82,231082,13
x
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T
B
T
B
ATH
B
ATL
61.8
38.2
23.6
T
B
ATL
B
T
T
ATH
61.8
38.2
23.6
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ATH
T
B
B
ATL
161.8
261.8
423.6161.8
261.8
T
B
B
ATH
ATL161.8
261.8
423.6
161.8
261.8
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61.8%
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