Q. For an asset with a current price of 100, which of the following price targets is *most likely* based on a Fibonacci ratio?

A.129.40

B.145.60

C.161.80

Someone please tell me how to do such questions and what is a Fibonacci ratio ?

Q. For an asset with a current price of 100, which of the following price targets is *most likely* based on a Fibonacci ratio?

A.129.40

B.145.60

C.161.80

Someone please tell me how to do such questions and what is a Fibonacci ratio ?

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The ratio is:

\dfrac{\left(1 + \sqrt{5}\right)}{2} β 1.618034

Itβs a weird question. I, for one, would never advocate that a candidate learn that ratio (properly known as the * golden ratio*).

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