How to Use the Fibonacci Calculator

1. Identify the Swing High — The highest price in your selected trend
2. Identify the Swing Low — The lowest price in your selected trend
3. Select Trend Direction — Uptrend or Downtrend
4. Click Calculate — Get all key Fibonacci retracement levels

Understanding Fibonacci Levels

Fibonacci retracement levels are horizontal lines that indicate where support and resistance are likely to occur. The key levels are:

• 23.6% — Shallow retracement, strong trend
• 38.2% — Moderate retracement, common in trending markets
• 50.0% — Psychological midpoint (not a Fibonacci ratio, but widely used)
• 61.8% — The “golden ratio,” the most important Fibonacci level
• 78.6% — Deep retracement, potential reversal zone

Trading Tips

• Look for confluence — Fibonacci levels combined with other indicators (moving averages, trend lines) are more reliable
• Use Fibonacci levels as potential entry zones, not exact prices
• Always confirm with price action (candlestick patterns, volume)

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