Enter a swing high and low, choose uptrend or downtrend, and optionally set a custom anchor for extensions. Calculate to see standard retracement and extension prices formatted for forex charts.
Fibonacci retracements plot horizontal levels between a swing high and low using ratios such as 23.6%, 38.2%, 50%, and 61.8%. Traders watch these zones for potential support in an uptrend or resistance in a downtrend.
Retracements measure pullbacks inside the prior range. Extensions project targets beyond the swing using the same ratios applied past the extreme—useful for take-profit ideas when a trend resumes.
No. Levels are confluence tools, not guarantees. Combine them with structure, trend context, and risk management rather than treating each line as an automatic entry.
Yes. In an uptrend, retracements typically fall from the high toward the low; in a downtrend they rise from the low toward the high. Extensions project in the direction of the assumed continuation.
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