Fibonacci Levels Calculator | Fibonacci Retracement Calculator | Fibonacci Extension Calculator

Use this precise Fibonacci level calculator to quickly plot hypothetical Fibonacci retracement or extension levels for any financial instrument.

What are Fibonacci Levels?

Fibonacci levels and the Fibonacci sequence are not secret ratios or hidden price patterns inherent to the market. Rather, it is a popular technical indicator and analysis method used to evaluate asset price movements in financial markets. Like other popular indicators, its effectiveness largely stems from a self-fulfilling prophecy created by a large number of traders watching the exact same levels.

Fibonacci levels are generally categorized into two types: retracement levels and extension levels. Retracement levels are applied after an asset's price hits a new high in an uptrend or a new low in a downtrend, and when traders believe the trend may be reaching a temporary pause. When the market enters a consolidation or retracement phase, prices often react near key Fibonacci retracement levels.

Key Fibonacci Retracement Levels

Commonly used Fibonacci retracement levels include: 0.236, 0.382, 0.500, 0.618, 0.764.

On the other hand, Fibonacci extension levels are applied during the trend continuation phase of an asset's price. Market prices may first retrace to a certain Fibonacci retracement level and then continue in the original trend direction to make new highs or new lows; they may also resume the prevailing trend directly after a period of consolidation without necessarily touching all retracement levels.

Key Fibonacci Extension Levels

Common Fibonacci extension levels include: 0.382, 0.618, 1.000, 1.382, 1.618.

Just as there is no "magical rule" behind the golden ratio itself, Fibonacci ratios are not mysterious price laws either. They are simply mathematically interesting proportions that were later widely adopted by traders.

Because this technical indicator is widely watched by traders globally, including many professional and institutional traders, many place buy or sell orders near these price levels, making Fibonacci levels remarkably effective in the market.

How to Use the Fibonacci Calculator?

1. Select Trend Direction: Choose "Uptrend" or "Downtrend" in the "Trend Direction" field to simulate an upward or downward trend. For example, suppose we want to calculate the Fibonacci retracement levels for EUR/USD in an uptrend to identify a potential entry level.

2. Select Type: Check the "Retracement" radio button to calculate retracement levels, or select "Extension" if you want to calculate profit targets.

3. Enter Low Price: Input the lowest price of the EUR/USD currency pair in the "Low Price" field, which is the starting price of the uptrend, e.g., 1.16653.

4. Enter High Price: Input the highest price reached in the current uptrend in the "High Price" field, e.g., 1.20552.

5. Click the "Calculate" Button: The calculator will automatically generate the corresponding Fibonacci retracement or extension price levels.

Calculation Results Example and Meaning

The Fibonacci calculator takes two extreme swing points (the swing low and swing high, referred to as Points A and B) of an asset's price movement and divides the vertical distance by key Fibonacci ratios such as 23.6%, 38.2%, 50%, 61.8%, 78.6%, deriving the corresponding retracement price levels.

In the example above, if the lowest price (Point A) of EUR/USD in an uptrend is 1.16653 and the highest price (Point B) is 1.20552, the calculator uses these inputs to provide retracement levels at 23.6%, 38.2%, 50.0%, and so on, helping traders locate potential support zones.

Using Extension (Projection) Levels

By default, the calculator displays retracement levels. To calculate projection (extension) levels, traders need to enter a target price in the "End Price" field (required), and the calculator will display up to 6 potential extension levels, reaching up to 261.8% (2.618 Fibonacci).

Popular Fibonacci Levels Used in Live Trading

In financial trading, the three most commonly used Fibonacci retracement levels are 23.6% (0.236), 38.2% (0.382), and 50% (0.500). For extensions, the three most widely used Fibonacci extension levels are 61.8% (0.618), 100% (1.000), and 161.8% (1.618).