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In this video, Ms Jyoti Budhia has taught what Fibonacci numbers and how can you understand market patterns with this. Fibonacci numbers are a sequence of numbers in which each number is the sum of the two preceding ones, usually starting with 0 and 1. The sequence begins 0, 1, 1, 2, 3, 5, 8, 13, 21, and so on.
Fibonacci numbers have numerous applications in mathematics, computer science, art, and nature. They appear in various natural phenomena such as the arrangement of leaves on a stem, the structure of pinecones, and the spirals in sunflowers. Additionally, Fibonacci numbers are closely related to the golden ratio, a mathematical constant that appears in art, architecture, and design.
The sequence has captured the fascination of mathematicians and enthusiasts alike due to its interesting properties and prevalence in various aspects of the natural world. Fibonacci numbers also play a role in algorithms, particularly in dynamic programming and optimization problems.
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Timestamp:
0:00 Introduction
0:34 What is the Fibonacci number?
1:02 Working of Fibonacci numbers
9:25 How to find new range?
13:14 Importance of stoploss
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