PREETHI wrote: Sat Sep 14, 2019 9:15 pm hi .., jimmy. using this fibo indicator, can we identify the trend?

Sure you can. Fibonacci Retracements are best used as a guide on where to enter a trend during a pullback.

For example, if price is heading up, and you're looking to enter this move to the upside, as a conservative trader you'd be patient and place a Buy Limit just above the Fibonacci 50% line in hopes that the trend will resume after pulling back to the 50% Fibonacci line.

Just a note though, once price has retraced beyond the Fibonacci 50% area and continues moving towards the next Fibonacci retracement level, consider that trend officially over.