cassette

FIBONACCI SEQUENCE
AND GOLDEN RATIO ON
STOCK MARKETS
BY OĞUZ GÜR
The stock exchange has recently come up with a decline of
our country's currency unit. That causes the emergence of
people who want to invest their money in
cryptocurrencies, gold, USD, etc. Thus, when almost all
our acquaintances are working on this, why wouldn't you
want to make such an investment? But, before starting to
invest in something, you should know some tricks about
stock markets. And the purpose of this article is to show
such tricks with their relation to mathematics.
First and foremost, regardless of what you are going to
invest in, you must first determine a wave analysis
method. Because if you are planning to invest in this
direction, believing some superstitions will not assist you.
Do not worry, I have another piece of advice for you in this
regard; the Elliott wave principle. This principle has
developed to read the specific and consecutive values
formed by the increase or decrease in the values of the
currencies that we call waves in the stock market charts.
This principle argues that the three sub-waves following
five specific major waves are a period and that these
waves can be applied to both the bull (which means the
currencies increase) and the bear (which means the value
of the currencies) markets. As in Figure 1.1, the first five
increasing waves are expressed in numbers and these
waves are called motive waves. Five motive waves
represent the bull market. After these five major waves,
we can easily find the three sub, corrective waves which
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