The Fib Retracement Calculator helps traders find key price levels where a market might pause or reverse. It is based on Fibonacci ratios, which many traders believe show natural points of support and resistance. This tool is popular in technical analysis for forex, stocks, and crypto trading. By using this calculator, traders can quickly find important levels to plan entries, stops, or take-profit points. This calculator belongs to the Technical Analysis Tools category.
formula of Fib Retracement Calculator
Fibonacci Retracement Level = High − (High − Low) × Percentage
Where:
High is the highest price in your selected range
Low is the lowest price in your selected range
Percentage is the retracement level (like 23.6%, 38.2%, 50%, 61.8%, 78.6%)
Expanded version for each level:
Level = High − (High − Low) × Fib Ratio
Common Fibonacci Retracement Levels Table
Below is a simple reference table to check popular retracement levels without recalculating every time.
| Fib Ratio | Purpose |
|---|---|
| 23.6% | Minor pullback level |
| 38.2% | Moderate pullback level |
| 50% | Common reversal point |
| 61.8% | Strong reversal zone |
| 78.6% | Deep pullback, strong reversal |
Traders use these levels to spot where price might turn back towards the main trend.
Example of Fib Retracement Calculator
Let’s see an easy example.
Suppose the price of a stock moves from a Low of 100 to a High of 150.
To find the 61.8% retracement level:
Level = 150 − (150 − 100) × 0.618
Level = 150 − (50 × 0.618) = 150 − 30.9 = 119.1
So, 119.1 is the 61.8% retracement level for this price move.
Most Common FAQs
Traders use Fibonacci retracement because it helps find possible areas where prices may reverse or pause. Many traders trust these levels for setting entry and exit points.
No. Fibonacci levels do not guarantee results. They show likely areas but traders should combine them with other indicators for better accuracy.
Yes. The calculator is beginner-friendly. It quickly gives you key levels without needing complex math, making it helpful for new traders learning price action.