Fibonacci Levels
Swing high, swing low, every level.
Price rose from the low to the high. The levels show where a pullback might pause: 0% is the high and 100% is the low. Extensions sit above the high.
Enter a swing high and a swing low to see the levels.
Fibonacci levels are a convention many traders watch, not a forecast: price can pass straight through them. Math only, not financial advice. Prices carry no currency, and nothing you type is stored or sent.
About
Type the swing high and swing low of a move, pick uptrend or downtrend, and get every common Fibonacci retracement level (23.6%, 38.2%, 50%, 61.8%, 78.6%) plus the extensions (127.2%, 161.8%, 200%, 261.8%) as prices you can copy into a chart. Prices are shown to as many decimals as you typed, up to six.
- How do you calculate Fibonacci retracement levels?
- Take the range between the swing high and the swing low, multiply it by each ratio, and measure that distance back from the end of the move. In an uptrend from 50 to 100 the range is 50, so the 61.8% level is 100 - 0.618 x 50 = 69.1.
- What is the difference between an uptrend and a downtrend here?
- It decides which end is 0%. In an uptrend the levels count down from the high, where a pullback might pause. In a downtrend they count up from the low, where a bounce might pause. The same swing gives mirror-image levels.
- What are Fibonacci extensions?
- Levels beyond the swing, where a move that keeps going might run into trouble. In an uptrend they sit above the high: 161.8% is the low plus 1.618 times the range, so 50 to 100 gives 130.9.
- Where do the ratios come from?
- Divide a Fibonacci number by the next one and you approach 0.618. 38.2% is 1 minus that, 23.6% is 38.2% times 0.618, and 78.6% is its square root. The 50% level is not a Fibonacci ratio but is included by convention.
- Do these levels predict where price will turn?
- No. They are a convention many traders watch, so price sometimes reacts near them, but it can pass straight through. They are one input, not a forecast.
- Is this financial advice?
- No. It is arithmetic on the two prices you enter. Nothing you type is stored or sent, and prices carry no currency.