Скачать или смотреть Fibonacci Retracement Levels | Technical Analysis | CLASS #5 | Urdu اردو

Join our PREMIUM for a lifetime free for ACTIVE USERS
Following these steps

Exness Create Account and IB update!
https://one.exnesstrack.net/a/7xxai0pk61
partner code (7xxai0pk61)
Deposit minimum of 500$ and above

How to Exness create an account & apply for KYC
   • How to Create account in Exness Type of AC...  

OCTAFX IB LINK*
Click here to create account
https://my.octapk.info/open-account/?...

Octafx IB Change Request
https://my.octapk.info/change-partner...

XM Global Singup link
https://clicks.pipaffiliates.com/c?c=...

Take a screenshot trading ID with the deposit and send this Whatsapp for approval
https://wa.me/+14109991824

Fibonacci retracement is a technical analysis tool that uses horizontal lines to indicate areas of support or resistance at key Fibonacci levels before the price continues in the original direction. Traders and analysts commonly use Fibonacci retracement levels to identify potential reversal points in financial markets. Here's how Fibonacci retracement works:

Key Fibonacci Retracement Levels:
23.6%: This level is derived from dividing a number in the Fibonacci sequence by the number two places to the right (e.g., 34/144 = 0.236).

38.2%: Derived by dividing a number in the Fibonacci sequence by the number one place to the right (e.g., 34/89 = 0.382).

50%: While not a Fibonacci number, 50% is often used in technical analysis as a significant retracement level.

61.8%: Known as the "Golden Ratio" or the inverse of the Golden Ratio, it is derived by dividing a number in the Fibonacci sequence by the number one place to the left (e.g., 55/89 = 0.618).

78.6%: Derived by dividing a number in the Fibonacci sequence by the number two places to the left (e.g., 55/34 = 0.786).

How to Use Fibonacci Retracement:
Identify the Trend:

Determine the overall trend in the market, whether it's an uptrend or a downtrend.
Select the Swing Points:

Identify significant highs and lows in the price movement. These points are used to draw Fibonacci retracement levels.
Draw Fibonacci Retracement Levels:

Using a charting tool, draw Fibonacci retracement lines from the lowest point to the highest point in an uptrend or from the highest point to the lowest point in a downtrend.
Analyze Potential Reversal Zones:

The retracement levels act as potential support or resistance zones. Traders look for the price to bounce off these levels, signaling a potential continuation of the trend.
Combine with Other Technical Analysis:

Consider using Fibonacci retracement levels in conjunction with other technical analysis tools, such as trendlines, moving averages, and candlestick patterns, to confirm potential reversal points.
Interpretation:
Bounce or Break: If the price retraces to a Fibonacci level and bounces off it, this suggests that the trend may continue. However, if the price breaks through a Fibonacci level, it could indicate a more significant trend reversal.

Cluster of Levels: Sometimes, multiple Fibonacci retracement levels coincide near a specific price point, forming a cluster. Such clusters can act as stronger support or resistance zones.

Volume Confirmation: Analyzing volume along with Fibonacci retracement can provide additional confirmation of potential reversal points.

Unlock the power of #FibonacciRetracement and elevate your trading game with #TechnicalAnalysis, insightful #TradingTips, and mastering key concepts like #SupportAndResistance and the #GoldenRatio. Explore effective strategies with #FibonacciTrading and gain expertise in utilizing Fibonacci levels in #Forex markets. Delve into comprehensive stock market analysis, understand #PriceRetracement, and discover the significance of Fibonacci extensions.

-------------------------------------------------------------------------------
#mdk #xauusd #exness #howtotradeforex #livetrading #forex #forextrading #currencytrading #finance #investing #tradingbasics #forexmarket #foreignexchange #tradingeducation #financialliteracy #forexforbeginners #currencypairs #marketanalysis #leverage #riskmanagement #onlinetrading #technicalanalysis #fundamentalanalysis #forextutorial #moneymarket #investmentstrategies #financialeducation #learnforex #tradingtips #priceaction #tradingstrategy #candlestickpatterns #supportandresistance #trendanalysis #chartpatterns #stockmarket #daytrading #swingtrading #marketpsychology #financialmarkets #technicalindicators #markettrends #stocks
-------------------------------------------------------------------------------

The forex and gold markets offer considerable potential, but they come with inherent risks. Therefore, it is crucial to engage in practice and enhance your understanding of the markets.

⚠️Disclaimer: I am not a financial expert. The information shared is intended for entertainment and educational purposes only. Each individual is accountable for their own decisions.