Math · 2
Which Fibonacci retracement percentage, popular among stock traders, is mathematically equal to the reciprocal of the golden ratio (1/φ)?
Answer
61.8%
Since φ ≈ 1.618, its reciprocal 1/φ ≈ 0.618, giving traders the widely used 61.8% Fibonacci retracement level, even though no study proves it reliably predicts price movement.
💡 Did you know?
Stock market traders use golden ratio levels for price predictions, despite no mathematical proof it predicts future trends better than random chance.
Other options people guess
- 38.2%
- 50%
- 100%
Topics
- golden-ratio
- finance
- fibonacci
- math
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