A Fibonacci Calculator helps traders identify key retracement and extension levels based on price movement. It is widely used in forex trading to find support, resistance, entry, and exit points.
Step 1: Enter high price.
Step 2: Enter low price.
Step 3: Click calculate.
Step 4: View retracement levels.
Step 5: Use levels for entry/exit.
Example: High 1.2000 → Low 1.1000
Pro Tip: 61.8% is strongest level.
Fibonacci is a core tool in technical analysis.