TECHNICAL ANALYSIS || HOW TO USE FIBONACCI RETRACEMENT FOR PRO INTRADAY TRADING ||

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TECHNICAL ANALYSIS || HOW TO USE FIBONACCI RETRACEMENT FOR PRO INTRADAY TRADING ||

FIBONNACI RETRACEMENT की बेस्ट TRADING STRATEGY. BEGINNER TO ADVANCED LEVELS | HINDI

In todays video we have talked about FIBONNACI RETRACEMENT. How to use fibonacci in Hindi
What is fibonnaci
What Are Fibonacci Retracement Levels?
Fibonacci retracement levels—stemming from the Fibonacci sequence—are horizontal lines that indicate where support and resistance are likely to occur.

Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and 78.6%. While not officially a Fibonacci ratio, 50% is also used.

The indicator is useful because it can be drawn between any two significant price points, such as a high and a low. The indicator will then create the levels between those two points.

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