Technical analysis tools

Fibonacci Calculator

Enter a high and a low and get the retracement levels - where a pullback may end - and the extension levels used as profit targets.

  • No registration
  • Free
  • Calculated in your browser

Put numbers on pullbacks and targets

Inputs

Results update as you type

Result

61.8% retracement

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38.2%

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50.0%

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Range

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Retracement levels

Price at each level -
Level Price Distance from high

Extension levels

Price at each level -
Level Price Distance from origin

How to read this result

  • 38.2% / 50% / 61.8%

    The levels most often watched for pullbacks. A shallow pullback tends to hold near 38.2%, a deep one near 61.8%.

  • Extensions

    Target levels for a move that runs beyond the original swing. 161.8% is the one most commonly used.

  • Never trade the line alone

    These are drawn mechanically from the range. A level matters more when it lines up with something else, such as a horizontal level or a moving average.

Method and specification

  • Main inputs

    Trend direction / high / low

  • When to use it

    Choosing where to buy a pullback or sell a rally / placing a profit target

  • Levels shown

    Retracements at 0 / 23.6 / 38.2 / 50 / 61.8 / 78.6 / 100%, and extensions at 127.2 / 161.8 / 200 / 261.8%.

Frequently Asked Questions

What is the difference between retracement and extension?

Retracements show how far price may give back of the move just made, and are used to find pullbacks. Extensions show how far price may run beyond that move, and are used as profit targets.

Which level should I pay most attention to?

38.2%, 50% and 61.8% are the three most widely watched, and they are highlighted here. Bear in mind they are drawn mechanically from the range: in practice a level tends to work better when it coincides with another reason, such as a horizontal level or a trendline.

How do I pick the trend direction?

If the recent move ran from a low up to a high, choose Up; if it ran from a high down to a low, choose Down. Up measures retracements downward from the high, Down measures them upward from the low. Getting it wrong reverses every figure.

Which period should the high and low come from?

Use a clearly defined swing on the timeframe you are trading. Day traders typically use the last few days, swing traders the last few weeks. Changing the swing changes every level, so it is worth noting which one you based your levels on.

Once your money management is settled, the next step is choosing an EA.

Browse free EAs and the rankings to compare the approach that suits you.

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