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Join our webinar to learn how to use strategies, market news and all the features of Digital Options.<br><br>Why are retracements inevitable in all financial markets? Simple: the nature of the market says that traders who jumped aboard a given asset early will look to stop and take some profits after a while, inducing a temporary reversal of the prominent trend.<br><br>Every new number is equal to the sum of the previous two numbers. For example: 1,1,2,3,5,8,13,21,34…etc.( 1+1=2, 2+3=5, 3+5=8….etc.) The sequence will go on and on to infinity. Fibonacci retracements are derived from a precise sequence of numbers.