INTRODUCTION to indicators and what is fibonacci retracement indicator

Assalam alaikum dear members umeed ha ap sb khairiat se hn gy or apki trading bhht achi jaa rahi ho ge.dear members aj ki post main hum fibonacci indicator ko detail se study karen or dekhen gy k es se trading main kesy help hoti ha.

What is Fibonacci indicator?

• Dear members fibonacci aik behtreen technical indicator ha jo k market main hamen possible support or resistance k bary main batat ha.
• ye hamen market main retracement or reversal k bary main malomaat deta ha.
• aksr jb market aik trend main hoti ha or thora bhht pechy hatti ha to hum
• esy trend reversal smjh k trade lety hain jb k ye srf retracement hoti ha or es se hamen loss ho jata ha.
• agr hum fibonacci ko use karen to hum estrha k loss se bach skty hain.

How to use Fibonacci indicator?
Dear members agr fibonacci ko market k high or low py lagay jay to ye hamen different horizontal lines ki shakal main support or resistance show karta ha jski different values hoti hain.
Jesa k 23.6% , 38.2% , 61.8% and 78.6% jb k aik 50% ka level bhi use kia jata ha.

Market retracement:

• Dear members agr hum fibonacci ko ise karen to hum
• maloom kar skty hain k market ki movement kahan tk retrace kr skti ha or kahan se trend reversal ho ga.
• jesa k agr market fibonacci k level 50% ya 61.8% tk ati to ha to esy retracement hi consider kia jata ha.

• agr market in levels ko break ni karti to expect kia jata ha k abi market apna trend continue kary ge or yahan se wapis jygi.

Market reversal:

• Dear members reversal ka matlb hota ha jb market apna trend change kar lyti ha jesa k uptrend se downtrend main aa jati ha.
• fibonacci hamen market main reversal k bary main bhi information dyta ha .jes k agr market 61.8% ko bhi cross kr jy to market main trend reversal expect kia jata ha.

• es k bad market ka trend change ho jata ha or hum
• opposite trend ki entries talash karty hain.

Benefits of Fibonacci:

• Dear members fibonacci aik behtreen useful tool
• ha es ko use karny se hum apnu losses ko km or profit lo ziada lar skty hain q k jb market kisi trend main move karti ha to market seedha opr ya nechy ni jati.
• bal k market thori bhht retracement le k apny trend ko continue karti ha jb k hum es retracement ko reversal smjh k trade lety or hmara loss ho jata ha.
• fibonacci hamen in chezon se bachata ha or reversal or retracement ka frq btata ha.