PipDesk

Fibonacci calculator

Enter the swing high and low to get the classic retracement and extension levels.

Swing

How it is worked out

For an up swing, retracement levels are high − range × ratio, extensions are low + range × ratio. For a down swing, the reverse.

Questions

Do Fibonacci levels work?

They are widely watched, which can make them self-fulfilling at times, but no level is a guarantee. Use them with your own rules and a stop.

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