Fibonacci Calculator
A Fibonacci calculator is a tool that automates the calculations related to Fibonacci retracement levels. It helps traders determine potential support and resistance levels based on the Fibonacci ratios derived from the Fibonacci sequence.
To use a Fibonacci calculator, you typically need to provide the high and low points of a price swing or trend. The calculator then applies the Fibonacci ratios (typically 38.2%, 50%, and 61.8%) to calculate the retracement levels.
The Fibonacci Calculator is powered by Investing.com
