Fibonacci Number Derivations

The Fibonacci numbers utilized in Harmonic Trading are directly or indirectly derived from the primary ratios 0.618 and 1.618 from the Fibonacci sequence. Although other technicians may utilize different percentage ratios, the following list comprises the only ratios that determine precise Harmonic patterns. Primary Ratios: 0.618 & 1.618 (From the Fibonacci Number Sequence).

Primary Derived Ratios: 0.786 = square root of the 0.6180.886 = fourth root of the 0.618
1.13 = inverse of the 0.886 (1/0.886)
1.27 = inverse of the 0.786 (1/0.786)
Complimentary Derived Ratios: 0.382, 0.50, 1.41, 2.0, 2.24, 2.618, 3.14, 3.618

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