Forex Tools

Fibonacci Retracement Calculator

Find where price is likely to pause or reverse. Enter your swing high and swing low to map every key Fibonacci retracement and extension level in one click.

1.10500

The highest price of the move you are measuring.

1.08000

The lowest price of the move you are measuring.

Uptrend

Uptrend retraces down from the high; downtrend retraces up from the low.

61.8% Golden Pocket 1.08955

The 61.8% level — the most-watched retracement — sits at 1.08955 for this move.

23.6%1.09910
38.2%1.09545
50.0%1.09250
78.6%1.08535
Ext 127.2%1.07320
Ext 161.8%1.06455

For educational purposes only. Read our risk warning before trading.

The Math

How Fibonacci Levels Are Calculated

Take the full range of a price swing, then multiply it by each Fibonacci ratio. In an uptrend you subtract that amount from the high to find where a pullback may pause. In a downtrend you add it to the low. Extension ratios above 1.0 project targets beyond the move in the trend's direction.

Quick Reference

The Key Fibonacci Ratios

RatioTypeWhat traders watch for
23.6%RetracementShallow pullback — common in very strong, fast trends.
38.2%RetracementA modest pullback that often holds in healthy trends.
50.0%RetracementNot a true Fibonacci ratio, but a widely tracked midpoint.
61.8%RetracementThe "golden ratio" — the most-watched reversal zone.
78.6%RetracementA deep pullback; a break beyond it often questions the trend.
127.2% / 161.8%ExtensionProjected targets beyond the swing for trend continuation.

Frequently Asked Questions

What is a Fibonacci retracement?

It is a set of horizontal levels drawn between a swing high and swing low, marking percentages of that range where price often pauses or reverses. The 23.6%, 38.2%, 50%, 61.8% and 78.6% levels are the most commonly tracked.

Why is 61.8% called the golden ratio?

61.8% comes from dividing a number in the Fibonacci sequence by the one after it. Because so many traders watch this level, it frequently acts as a meaningful support or resistance zone — often called the "golden pocket".

How do I pick the swing high and low?

Use the start and end of the most recent clear price move. In an uptrend, the low is where the move began and the high is its peak. In a downtrend, reverse it. Picking obvious swing points keeps the levels relevant.

What are Fibonacci extensions for?

Extensions like 127.2% and 161.8% project beyond the original swing to estimate where a continuing trend might reach. Traders use them as educational reference targets, not as predictions of certain outcomes.