Fibonacci Calculator
Calculate Fibonacci retracement and extension levels for any price range. Identify key support and resistance zones used by professional traders worldwide.
Retracement Levels
Detailed Levels
| Level | Price | Strength |
|---|---|---|
| 0% | 100.0000 | |
| 23.6% | 90.5600 | |
| 38.2% | 84.7200 | |
| 50% | 80.0000 | |
| 61.8% (Golden Ratio) | 75.2800 | |
| 78.6% | 68.5600 | |
| 100% | 60.0000 |
How Fibonacci Retracement Works in Trading
Fibonacci retracement is a technical analysis tool that uses horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before the price continues in the original direction. These levels are derived from the Fibonacci sequence and are expressed as percentages: 23.6%, 38.2%, 50%, 61.8%, and 78.6%.
The 61.8% level, known as the “golden ratio,” is considered the most significant. When price retraces to this level during an uptrend, it often finds strong support. Traders use these levels to identify potential entry points, set stop-loss orders, and determine profit targets.
Fibonacci extensions project price targets beyond the original move. The 161.8% extension is the most commonly watched level for profit-taking. Professional traders combine Fibonacci levels with other indicators like moving averages, RSI, and volume analysis for higher-probability setups.