Fibonacci Calculator

About Fibonacci Retracements

Fibonacci retracement levels are horizontal lines that indicate where support and resistance are likely to occur. They are based on Fibonacci numbers.

• 23.6%: Shallow retracement level
• 38.2%: Moderate retracement level
• 50.0%: Mid-point retracement (not a true Fibonacci number but commonly used)
• 61.8%: Golden ratio - most important Fibonacci level
• 78.6%: Deep retracement level

Usage: Traders use these levels to identify potential entry and exit points, as well as stop-loss and take-profit levels.