Which retracement level matters most?

The 61.8% "golden ratio" gets the most attention, with 38.2% and 50% close behind. Many traders watch the whole 38.2-61.8% zone.

What are extension levels for?

Profit targets. If a trend resumes after a pullback, 127.2% and 161.8% are common projected targets beyond the prior swing.

Do Fibonacci levels actually work?

They are self-fulfilling zones of interest, useful as confluence with structure and trend, not as standalone buy or sell signals.

Fibonacci Calculator

Retracement and extension levels from a swing high and low. The price zones traders watch for pullbacks and targets.

Your swing

Swing highSwing low

Trend directionUp: retraces down from the high. Down: retraces up from the low.

Retracement levels

23.6%	1.1038
38.2%	1.1031
50.0%	1.1025
61.8%	1.1019
78.6%	1.1011

Extension levels (targets)

127.2%	1.1064
161.8%	1.1081
200.0%	1.11
261.8%	1.1131

How to use Fibonacci levels

After a strong move, price often pulls back to a Fibonacci ratio of the prior swing before continuing. The 38.2%, 50%, and 61.8% levels are the most watched. Extensions project where the next move might reach if the trend resumes.

Fibonacci levels are zones of interest, not guarantees. They work best as confluence with structure, trend, and your own risk plan, not as standalone signals.

Disclaimer

Educational tool only, not investment advice. Trading carries risk of loss.

Common questions

Which retracement level matters most?: The 61.8% "golden ratio" gets the most attention, with 38.2% and 50% close behind. Many traders watch the whole 38.2-61.8% zone.
What are extension levels for?: Profit targets. If a trend resumes after a pullback, 127.2% and 161.8% are common projected targets beyond the prior swing.
Do Fibonacci levels actually work?: They are self-fulfilling zones of interest, useful as confluence with structure and trend, not as standalone buy or sell signals.