Fibonacci Calculator
The Fibonacci Calculator helps you quickly calculate commonly used Fibonacci retracement levels, including 23.6%, 38.2%, 50.0%, and 61.8%. Enter the high and low of the current swing to view key retracement levels in different directions.
How are Fibonacci retracement levels calculated?
Step 1: Calculate the swing range
Swing range = High − Low; 1.9000 − 1.8898 = 0.0102
Step 2: Calculate common retracement levels
23.6% retracement = Low + (Swing range × 23.6%)
1.8898 + (0.0102 × 0.236) = 1.8922
38.2% retracement = Low + (Swing range × 38.2%)
1.8898 + (0.0102 × 0.382) = 1.8937
50.0% retracement = Low + (Swing range × 50.0%)
1.8898 + (0.0102 × 0.500) = 1.8949
61.8% retracement = Low + (Swing range × 61.8%)
1.8898 + (0.0102 × 0.618) = 1.8961
Step 3: Understanding the reverse direction
If calculated in reverse from the high to the low, the retracement levels are projected downward from the high.
For example: 23.6% retracement = High − (Swing range × 23.6%); 1.9000 − (0.0102 × 0.236) = 1.8976