What is the meaning of Fibonacci Sequence?

Fibonacci Sequence is the sequence of numbers (0, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...), discovered by the Italian mathematician Leonardo de Pisa in the 13th century and the mathematical basis of the Elliott wave theory, where the first two terms of the sequence are 0 and 1 and each successive number in the sequence is the sum of the previous two numbers. Technically, it is a sequence and not a series.

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APABarry Goldsmith. (2010). fibonacci sequence. Retrieved September 21, 2026, from http://smartdefine.org/fibonacci_sequence/definitions/1153861
ChicagoBarry Goldsmith. 2010. "fibonacci sequence" http://smartdefine.org/fibonacci_sequence/definitions/1153861 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, fibonacci sequence, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/fibonacci_sequence/definitions/1153861>.
MLABarry Goldsmith. "fibonacci sequence" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/fibonacci_sequence/definitions/1153861>
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