01Retracements
Draw from the swing low to the swing high in an uptrend (high to low in a downtrend). The tool marks 23.6%, 38.2%, 50%, 61.8% and 78.6% of the move. Healthy trends often retrace to the 50–61.8% zone; the 61.8–65% area is the famous golden pocket, and ICT’s optimal trade entry (OTE) spans 62–79%.
Fibonacci calculatorInteractive
Swing low
Swing high
Impulse direction
Retracements
23.6%115.28
38.2%112.36
50.0%110.00
61.8%107.64
65.0%107.00
78.6%104.28
Extensions (targets)
1.272125.44
1.618132.36
2.000140.00
The golden pocket (61.8–65%) is highlighted.
02Extensions for targets
Extension level
swing low + (swing high − swing low) × ratio
Common ratios: 1.272 and 1.618.
For the 100 → 120 swing, the 1.272 extension sits at 125.44 and the 1.618 at 132.36. Extensions are most useful where they line up with prior highs or liquidity pools — confluence, not magic.
03Volume: who is participating
| Volume signal | Interpretation |
|---|---|
| Breakout on rising volume | Real participation — more likely to hold |
| Breakout on falling volume | Suspect — prone to failure |
| Climactic volume after a long trend | Possible exhaustion and reversal |
| Point of control (POC) | Price with the most volume traded — a magnet and pivot |
| Low-volume node | Price moved through quickly; often revisited fast |
NoteSpot FX has no central volume
Forex volume from retail brokers is tick count, not traded size. For volume analysis in currencies, professionals use the futures (6E for EUR/USD).
Key takeaways
- Draw retracements from swing low to high in uptrends.
- The 50–61.8% zone is where many pullbacks end.
- Extensions (1.272, 1.618) project targets.
- Volume confirms breakouts; the POC acts as a magnet.
Common mistakes
- Drawing Fibonacci between random minor swings
- Treating every Fib level as support
- Trusting breakouts on falling volume
Complete “MACD” to unlock this challenge.