NexusFX

Fibonacci Calculator

Calculate Fibonacci retracement and extension levels to identify potential support and resistance areas

Fibonacci Levels Calculator
Enter the high and low prices to calculate Fibonacci levels
How to Use Fibonacci Levels

Fibonacci retracement levels are horizontal lines that indicate potential support and resistance levels.

  • • 23.6%, 38.2%, 50%, 61.8%, 78.6% are key retracement levels
  • • 127.2%, 161.8%, 200%, 261.8% are extension levels
  • • Use with other technical analysis tools for confirmation
  • • Works best in trending markets
Trading Tips

Fibonacci levels are most effective when combined with other technical indicators.

  • • Look for confluence with support/resistance levels
  • • Use volume analysis for confirmation
  • • 61.8% level is often the most significant
  • • Extensions help identify profit targets