Fibonacci retracement levels are key areas where price may pause or reverse during a trend. This tool helps visualize potential support and resistance levels based on recent price swings. Each level carries its own significance:

• 23.6% – shallow pullback: quick dips during strong trends
• 38.2% – healthy correction: often respected in trending markets
• 50.0% – psychological midpoint: not a true Fib level, but widely watched
• 61.8% – golden ratio: strongest retracement zone, highly respected by traders
• 78.6% – deep retracement: last line before full reversal

To use this tool, enter the anchor price and swing size (in points), then choose the trend type (e.g. HH for Higher High or LL for Lower Low). A chart will be generated dynamically showing the key retracement levels. Use this to anticipate potential bounce or reversal zones in your trading.