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The recent lows mark very important Fibonacci objects. The Fibonacci sequence originated in 13th century Italy by Leonardo Pisano, nicknamed Fibonacci. The mathematician found the pattern of 0+1 = 1, 1+1 = 2, 2+1 = 3, 5+3 = 8, 8+5 = 13, a lot of others. This pattern is found throughout nature include things like flower seeds, shells, pineapple segments, and also so on. Their adaptation to trading markets came with the aid of wave analysis and origin . released in the action and reaction of those waves.