Fibonacci Calculator
Calculate Fibonacci retracement and extension levels to find precise entry and exit points.
Retracement Levels
| Level | Price |
|---|---|
| 0% | 1.1000 |
| 23.6% | 1.0953 |
| 38.2% | 1.0924 |
| 50% (Half) | 1.0900 |
| 61.8% (Golden Ratio) | 1.0876 |
| 78.6% | 1.0843 |
| 100% | 1.0800 |
Extension Levels
| Level | Price |
|---|---|
| 127.2% | 1.1254 |
| 161.8% | 1.1324 |
| 200% | 1.1400 |
| 261.8% | 1.1524 |
Fibonacci Calculator
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Why 61.8% Is the Golden Ratio for Traders
Fibonacci ratios appear repeatedly in nature and financial markets. The 61.8% retracement level is the most widely watched Fibonacci level among professional traders.
In an uptrend, price often pulls back to the 61.8% level before resuming the trend. This creates a low-risk entry opportunity with a tight stop just beyond the retracement.
Risk-Reward at Different Entry Levels
Deeper retracements offer tighter stops and better R:R ratios
Entry Point Comparison
Common Mistakes
#1: Drawing Fibonacci on every timeframe
What traders do
Adding Fibonacci lines to 1m, 5m, 15m, 1H, and 4H charts simultaneously
The consequence
Too many lines = no actionable signal. Different timeframes show different swing points, creating confusion.
What to do instead
Focus on the daily and 4H timeframe for your primary Fibonacci levels. Use lower timeframes only for precision entry.
#2: Expecting price to bounce exactly at 61.8%
What traders do
Setting limit orders at the exact 61.8% price and expecting a perfect reversal
The consequence
Price may pierce the level by 5-10 pips before reversing. Your limit order gets filled, but your stop gets hit first.
What to do instead
Treat Fibonacci levels as zones. Wait for a candlestick confirmation (hammer, engulfing) near the level before entering.
#3: Drawing Fibonacci in the wrong direction
What traders do
Drawing from top to bottom in an uptrend (instead of bottom to top)
The consequence
You get inverse levels. The 61.8% retracement in a downtrend becomes the 38.2% level, completely invalidating your analysis.
What to do instead
In uptrends: draw from swing low (0%) to swing high (100%). In downtrends: draw from swing high (0%) to swing low (100%).
Fibonacci Level Formula
Find the range
Range = Swing High - Swing LowCalculate retracement (uptrend)
Retracement Price = Swing High - Range × 0.618Example: 61.8% retracement
Risk:Reward at 61.8% = Tight stop, bigger targetExample: 61.8% retracement