Technical Analysis
Fibonacci Calculator
The Fibonacci sequence is a technical analysis tool based on the concept that markets will retrace a large part of their original move before continuing to move in their prior direction. Fibonacci retracement's occur at distinct levels of the original move and are areas where the market will likely find levels of support or resistance.
The following Fibonacci Calculator will allow you to generate the four basic Fibonacci retracement values - 23.8%, 38.2% 50.0% and 61.8%. These can then be applied to your charts and combined with your standard trading techniques.
Using the Fibonacci Calculator
To calculate the Fibonacci retracement levels, simply input the the trends High Value and Low Value of the move and press the 'Calculate' button.
To learn more about the Fibonacci Sequence and trading with Fibonacci support and resistance levels check out our article on Fibonacci Retracement level Trading.
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