What is Fibonacci sequence and ratio in forex trading

What is Fibonacci sequence and ratio in forex trading

FIBONACCI SEQUENCE IN FOREX TRADING EXPLANATION Fibonacci sequence, ya Fibonacci silsila, ek mathematical sequence hai jo forex trading mein istemal kiya jata hai. Ye silsila numbers ki progression hai jahan har number apne pichle do numbers ka sum hota hai. Fibonacci sequence ka istemal forex market mein trends, retracements aur price levels ke samajhne ke liye kiya jata hai.

FIBONACCI NUMBERS:

Fibonacci sequence mein numbers aise hote hain: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, ... Is silsile mein har number apne pichle do numbers ka sum hota hai. For example, 3, 5 aur 8 ka sum 13 hai, 5, 8 aur 13 ka sum 21 hai, aur aise hi har number apne pichle do numbers ka sum hota jaata hai. FIBONACCI RATIOS: Fibonacci sequence se banaye gaye numbers ke beech mein ratios calculate kiye jaate hain. Ye ratios Fibonacci retracements aur extensions ke tajziye ke liye istemal hote hain. Kuch commonly used Fibonacci ratios hain: 1. 0.236 (23.6%) 2. 0.382 (38.2%) 3. 0.500 (50%) 4. 0.618 (61.8%) 5. 0.786 (78.6%) 6. 1.000 (100%) In ratios ka istemal karke traders price movements aur market trends ke important levels aur points ko identify karte hain. FIBONACCI RETRACEMENT: Fibonacci retracements market mein price ko track karne ke liye istemal kiye jaate hain. Fibonacci ratios ko use karke traders price ki retracements (temporary reversals) ko predict kar sakte hain. Fibonacci retracements ko trend ki starting point se trend ki high ya low point tak draw kiya jata hai. Retracement levels hote hain: 1. 23.6% 2. 38.2% 3. 50% 4. 61.8% 5. 78.6% In levels ko istemal karke traders price ke pullbacks aur reversals ko anticipate kar sakte hain. FIBONACCI EXTENSIONS: Fibonacci extensions price movements ke potential targets ko indicate karte hain. Isme Fibonacci ratios ko use karke traders trend ke phailne ke possible levels ko identify kar sakte hain. Fibonacci extensions ko trend ke low point se high point tak draw kiya jata hai. Extension levels hote hain: 1. 0% 2. 38.2% 3. 50% 4. 61.8% 5. 100% 6. 161.8% 7. 261.8% Ye levels traders ko price ke future movements ke liye guidelines provide karte hain. Fibonacci sequence aur Fibonacci ratios forex trading mein price movements aur market trends ko analyze karne ke liye useful tools hote hain. Fibonacci retracements aur extensions traders ko price levels, support aur resistance points, aur potential reversals ke bare mein samajhne mein madad karte hain. Ye tools traders ke liye ek reference point ke roop mein kaam karte hain aur unko trading decisions lene mein help karte hain.