How to Use Fibonacci Retracement Calculator
The Fibonacci Retracement Calculator computes the popular retracement levels for any swing high and low. Pick whether the move is up or down, enter the high and low prices, and the Fibonacci Retracement Calculator outputs price levels at 23.6%, 38.2%, 50%, 61.8% and 78.6%.
- Select Trend — Uptrend draws retracements down from the high; downtrend draws bounces up from the low.
- Enter Swing High and Low — Use the most recent significant pivots.
- Read Levels — Watch these prices as potential support or resistance.
Formula & Theory - Fibonacci Retracement Calculator
The Fibonacci Retracement Calculator is based on standard ratios:
Range = High - Low
Uptrend level = High - Range × Ratio
Downtrend level = Low + Range × Ratio| Symbol | Meaning |
|---|---|
| High | Swing high price |
| Low | Swing low price |
| Ratio | 0.236, 0.382, 0.5, 0.618, or 0.786 |
Assumptions and Limits
The Fibonacci Retracement Calculator assumes that the chosen swing high and low are valid pivots. Use higher-timeframe pivots for stronger signals and confirm with volume or other indicators.
Use Cases for Fibonacci Retracement Calculator
The Fibonacci Retracement Calculator is helpful for:
- Stock trading — Plan entries after a pullback.
- Forex — Identify potential continuation zones.
- Crypto — Mark levels for volatile assets.
- Futures and indices — Map intraday or swing levels quickly.
Use the Fibonacci Retracement Calculator alongside trend, momentum, and volume analysis for a fuller picture.