A Fibonacci fan is a charting pattern that uses trendlines formed with Fibonacci retracement levels to identify key levels of support and resistance.

Fibonacci Retracement and Extensions Video Tutorial What is the Fibonacci Numbers and the Golden Ratio? Leonardo Pisano Bogolla is the founding father of the Fibonacci sequence.

Fibonacci Fan lines are trend lines based on Fibonacci retracement points. Rising fan lines extend up from a trough and pass through retracement based on the advance. These fan lines can then be used ...

These fan lines can then be used to estimate resistance levels or potential reversal zones. Class 1 – We will learn to understand the background and the development of the Fibonacci sequence.