Fibonacci Retracement Calculator
Fibonacci Calculator
Use this fibonacci retracement calculator to get the exact 23.6, 38.2, 50, 61.8 and 78.6 levels of any swing, together with the extension targets beyond it. Enter the high and the low of the move, pick the direction, and you get real price levels instead of dragging a tool across the chart and hoping you hit the right candle.
What are Fibonacci Levels?
Fibonacci levels and sequences are not secret ratios nor price patterns found in the nature of markets. It is rather a popular method, or indicator, to analyze an asset’s price action in financial markets, and like other popular indicators, its relevance rests with its self-fulfilling popularity.
Fibonacci levels can be divided into two categories; retracements and extensions. Retracement levels are applied to an asset’s price after a new high, on an uptrend, or a new low, on a downtrend, and when traders identify a temporary end of a trend. When the market starts consolidating, there will be pullbacks, or market corrections, the so-called Fibonacci retracement levels.
Key Fibonacci Retracement Levels 0.236, 0.382, 0.500, 0.618, 0.764
On the other hand, Fibonacci extension levels are applied to an asset’s price as the continuation of the trend. Market prices can (not necessarily) correct to one of the Fibonacci retracements levels, and then carry on moving in the direction of the underlying trend, making new highs or lows. Or it might just carry on moving in the direction of the main trend after a consolidating period without touching any Fibonacci retracement levels.
Key Fibonacci Extension Levels 0.382, 0.618, 1.000, 1.382, 1.618
Just as there is no magical or universal law to the Golden Ratio, so there is no magical or universal law within any of the Fibonacci ratios. They are simply interesting ratios discovered by mathematicians and later adopted by traders.
Traders globally have been allured by the magical feeling of the Fibonacci ratios in the markets. Because it is an indicator used globally, including several professional traders, with many buying and/or selling on these levels, Fibo levels can be very effective.
How to Use the Fibonacci Levels Calculator
Trend direction: In this field traders can simulate an uptrend or a downtrend by simply selecting “Up” or “Down”. Let’s say, for example, that we want to calculate the Fibonacci retracements for the EUR/USD, currently on an uptrend in the weekly chart, to find a good entry level.
Firstly, for our example, we will select the “Up” trend direction. Then we tick the “Retracement” radio button, to instruct the calculator to compute the retracement levels.
Low price: In this field traders should enter the EUR/USD pair lowest price, printed at the very beginning of the uptrend, for example 1.16653.
High price: In this field traders should input the EUR/USD pair highest price, reached during the current uptrend, for example 1.20552.
Then, we hit the “Calculate” button.
The results: The Fibonacci Levels Calculator will calculate and display the 5 retracement levels for the EUR/USD pair. The retracement levels are created by taking the two extreme points (lowest or highest swing, or simply point A and B) of an asset’s price action and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 78.6%.
So, in our example, the uptrend, the lowest swing of the EUR/USD (point A) was 1.16653. The price action went up to a highest of 1.20552 (point B). Inputting this data, our calculator revealed that the Fibo retracement levels are 1.1987 for the 23.6% retracementent, 1.1944 for the 38.2% retracementent, 1.191 for the 50.0% retracementent and so on.
The calculator will display the retracement levels, by default. For the projection (extension) levels, traders should complete the “End price” field (required) and the calculator will display up to 6 possible projection levels (maximum 261.8% – 2.618 Fibo).
What the fibonacci retracement calculator gives you
A retracement measures how far price pulls back inside a move that already happened. The calculator takes the high and the low you give it and returns the classic levels: 23.6, 38.2, 50, 61.8 and 78.6 percent of that distance.
Notice that 50 is not a Fibonacci number at all. Traders use it anyway, because half of a move is an obvious place to look, and because enough people watch it that it behaves like a level. In short, these lines work largely by agreement, which does not make them less useful.
Fibonacci retracement calculator worked example on gold
Take a gold swing that ran from a low of 3,580.00 to a high of 3,700.00, so the move is 120.00 dollars. The calculator then returns these prices.
| Level | Price | What traders do there |
|---|---|---|
| 23.6% | 3,671.68 | Shallow pullback, strong trend |
| 38.2% | 3,654.16 | First serious buying zone |
| 50.0% | 3,640.00 | Half the move, very watched |
| 61.8% | 3,625.84 | The classic entry level |
| 78.6% | 3,605.68 | Last chance before the move is void |
| 161.8% projection | 3,774.16 | Common target above the high |
Because the numbers come straight from the swing, the fibonacci retracement calculator removes the usual argument about where exactly you clicked the tool.
Turning fibonacci retracement calculator levels into a trade
Levels on their own are just lines. The useful part is the arithmetic they allow, so take the example above.
- Buy at the 61.8 level, 3,625.84.
- Put the stop under the 78.6 level, say 3,603.00, which is 22.84 dollars of risk.
- Target the previous high at 3,700.00, which is 74.16 dollars of reward.
That is better than three to one before you even think about the setup. Work out the money with the profit calculator and the volume with the position size calculator.
Where the fibonacci retracement calculator actually helps
These levels are worth far more when something else agrees with them. Look for a level that lands on an old high, on a round number, or on a pivot from the pivot point calculator, because confluence is what separates a level from a guess.
Conversely, avoid drawing retracements on sideways chop. Fibonacci needs a clear impulse with a definite start and end, and if you cannot point at the swing in one second, there is no swing. A structure indicator such as Void Hunter helps by marking the imbalance the impulse left behind.
Fibonacci retracement calculator questions traders ask
Do I measure low to high or high to low? Follow the direction of the impulse. For an upward move, measure from the low to the high, and the retracements then fall below the high.
Which level is the best? Statistically nothing separates them. In practice 38.2 and 61.8 attract the most orders, so they fill more often and also fail more often.
What about extensions? Extensions project beyond the end of the move and serve as targets. The 127.2 and 161.8 levels are the two that most traders actually use.
Does it work on every timeframe? Yes, although the levels behave better on H1 and above, simply because the swings are cleaner and the noise is smaller.
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Updated in September 2026
