Chart levels
Fibonacci calculator
Fibonacci retracements mark how far a price may pull back within a move, at 23.6%, 38.2%, 50%, 61.8% and 78.6% of its range. Extensions project where the move may run beyond its start, at 127.2%, 161.8% and 261.8%. Choose whether the move was up or down.
Result
| Level | Price |
|---|---|
| 23.6% | 1.17640 |
| 38.2% | 1.16180 |
| 50% | 1.15000 |
| 61.8% | 1.13820 |
| 78.6% | 1.12140 |
| Level | Price |
|---|---|
| 127.2% | 1.22720 |
| 161.8% | 1.26180 |
| 261.8% | 1.36180 |
How it is calculated
Up move: retracement = high − range × level; extension = low + range × levelDown move: retracement = low + range × level; extension = high − range × levelRange = high − low
Worked example
An up move from 1.1000 to 1.2000: the 61.8% retracement is 1.2000 − 0.1000 × 0.618 = 1.13820, and the 161.8% extension is 1.26180.
Assumptions and practical examples
Illustrative range: 1.1000 to 1.2000. For an up move, the 61.8% pullback is 1.2000 − 0.1000 × 0.618 = 1.13820. For a down move over the same range, it is 1.1000 + 0.1000 × 0.618 = 1.16180.
Retracements sit inside the selected range; extensions project beyond it. Your chosen swing points and direction determine the result. These are reference levels, not evidence that price will reverse or reach a target.
Questions
Is 50% a Fibonacci ratio?
Not strictly, but it is included by convention because many traders watch half-way retracements.
Which high and low should I use?
The most recent clear swing high and swing low of the move you are measuring.
Do Fibonacci levels predict prices?
No. They are reference levels some traders watch; price may pass through them.
Results are estimates for education; your broker's contract specification and prices decide the real values. Trading leveraged products carries a high risk of losing money.