Fibonacci Calculator
Calculate Fibonacci retracement and extension levels
Price Inputs
Calculate retracement levels from swing high
Recent high point
Recent low point
Calculate a custom retracement level
Fibonacci Levels
Retracement Levels
Extension Levels
Visual Guide
Understanding Fibonacci Levels
Key Levels: 38.2%, 50%, and 61.8% are the most important retracement levels.
Golden Ratio: 61.8% (0.618) is derived from the Fibonacci sequence and appears throughout nature.
Extensions: Levels beyond 100% are used to project profit targets.
Confluence: Fibonacci levels work best when combined with other support/resistance levels.
How to Use Fibonacci
- Identify a clear swing high and swing low
- Draw Fibonacci from low to high (uptrend) or high to low (downtrend)
- Watch for price reactions at key levels
- Use as support/resistance zones
- Combine with other indicators for confirmation
- Set stops below/above key levels
Trading Strategies
- Pullback Entry: Enter at 38.2% or 61.8% retracement
- Stop Loss: Place beyond the 78.6% level
- Profit Target: Use 161.8% extension
- Confluence: Look for moving average alignment
- Volume: Confirm with increased volume at levels
Fibonacci Level Significance
23.6% - Shallow Retracement
Strong trends often only pull back to this level. Common in fast-moving markets.
38.2% - Key Support/Resistance
First major retracement level. Often acts as strong support in uptrends.
50% - Psychological Level
Not a true Fibonacci number but widely watched. Major decision point.
61.8% - Golden Ratio
The most important Fibonacci level. Often the last support before trend reversal.
78.6% - Deep Retracement
Square root of 61.8%. Break below often signals trend change.
Example: Trading a Pullback
Stock rallies from $80 to $100, then pulls back:
- • 38.2% retracement: $92.36 - First buying opportunity
- • 50% retracement: $90.00 - Strong support zone
- • 61.8% retracement: $87.64 - Maximum pullback for uptrend
- • Stop loss: Below $85.28 (78.6% level)
- • Target: $112.36 (161.8% extension)