Fibonacci Retracement Calculator
This calculator helps traders and investors apply Fibonacci retracement levels to analyze potential price retracements in financial markets. By calculating key support and resistance levels, it can assist in making informed decisions about potential entry and exit points.
Calculate Fibonacci Retracement Levels for Price Analysis
Fibonacci Retracement Levels Formula
Where:
- Price Range – the difference between the high and low price
- Fibonacci Ratio – common ratios like 0.236, 0.382, 0.50, 0.618, 0.786
- Start Price – the starting price from which retracement is measured
Fibonacci retracement levels are often drawn by selecting a high and low on a chart and then applying the key Fibonacci ratios to find areas of potential price reversals.
The Fibonacci retracement tool is widely used in technical analysis for predicting potential price retracements in markets such as stocks, forex, and cryptocurrencies. The key Fibonacci levels (23.6%, 38.2%, 50%, 61.8%, and 78.6%) are considered critical areas where prices may reverse. This calculator provides an easy way to calculate those retracement levels, helping traders identify potential entry points based on historical price movements.