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Fibonacci
Born in Pisa, now part of Italy, he lived between
1170AD and 1250AD. While an accountant by training, he was an author,
professor, and mathematician by profession. He was born as Leonardo Pisano
and also used the name Leonardo Bigollo (his extended family’s name).
In 1202 he published “Liber Abaci”, which
contained among other things, the now famous Fibonacci’s number sequence,
which explained how rabbits reproduce. His numbering sequence is now found
in many elements of nature. The ratio patterns of Fibonacci’s numbering
sequence have been observed throughout the universe, such as in the breeding
habits of rabbits, bees and cows, as well as in flower petals, geometric
shapes, the proportions found in men, the galaxy and the waves in the ocean;
the list is endless.
Refer to the
Elliott
Wave Theory to find a detailed correlation between Fibonacci’s
numbering sequence and the movements in the stock market.
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