Fibonacci Retracement Calculator
Calculate Fibonacci retracement levels for technical analysis
Fibonacci Retracement Calculator
About This Calculator
The Fibonacci Retracement Calculator helps traders identify potential support and resistance levels based on the Fibonacci sequence. These levels are commonly used in technical analysis to predict price reversals.
How It Works
- High Price: The highest price in the selected period
- Low Price: The lowest price in the selected period
- Calculation: Computes retracement levels using Fibonacci ratios (23.6%, 38.2%, 50%, 61.8%, 78.6%)
- Results: Displays price levels for each retracement percentage
Use Cases
- Identifying potential support and resistance levels
- Planning entry and exit points in trading
- Confirming price trends and reversals
- Supporting technical analysis strategies