Glossary - ChicksX

Golden Ratio is a mathematical ratio often found in nature, art, and finance, representing aesthetic balance and growth patterns.

Golden Ratio is a mathematical ratio approximately 1.618, symbolized by the Greek letter phi (Φ). It appears frequently in nature, art, and architecture due to its aesthetically pleasing proportions. In finance, it is used for technical analysis, especially in Fibonacci retracement levels, to predict potential support and resistance levels. Traders use this ratio to identify possible turning points in market trends. It embodies the principle that smaller parts relate to larger structures in a harmonious way, influencing various fields beyond mathematics.