Trends/Support and resistance

Fibonacci pivot points

Pivot levels placed at Fibonacci fractions of the previous range above and below the central pivot.

Support and resistanceBest on 3M, 6MAlso called Fib pivots

Illustration of the Fibonacci pivot points shape. It is a sketch, not real price data.

What it shows

This version uses the same central pivot as the classic one. The levels above and below are set at fixed fractions of the previous period's range: 38.2%, 61.8% and 100%.

The fractions come from the Fibonacci sequence. They are a popular choice, not a rule of nature.

How we find it

The same code that draws it on your chart follows these steps, with the same result every time.

Take the previous period's high (H), low (L) and close (C).
Pivot P = (H + L + C) ÷ 3 and range R = H − L.
R1 = P + 0.382R, R2 = P + 0.618R, R3 = P + 1.000R.
S1 = P − 0.382R, S2 = P − 0.618R, S3 = P − 1.000R.

Starting values: Fractions 38.2%, 61.8%, 100%; Period previous day or week. These are proposed and will be tuned on real price data before launch.

How to read it

The gold line is the pivot.
R lines sit above it, S lines below it.
Levels sit closer together than the classic set when the range is small.

Status labels you may see

Label	What it means
Above the pivot	Last close is above P.
Below the pivot	Last close is below P.
Near a level	Within 0.5% of any R or S line.

What cancels it

Nothing cancels it. The levels are recalculated each period.

What traders check next

Which level price turned at most recently.
Whether levels match other tools.
The width of the previous range.

Limits

The fractions are a convention.
The levels use only three numbers.
Wide ranges produce far away levels.

Try it in forecastviz

Open any ticker and choose Support and resistance → Fibonacci pivot points in the left menu.
Switch between 3M, 6M to see how the picture changes.
Compare with Classic pivot points and Camarilla pivot points on the same chart.

Open on a ticker

Questions

How is it different from classic pivots?

The central pivot is the same. The outer levels use Fibonacci fractions of the range.

Are Fibonacci numbers special?

They are popular. We do not claim they are special in markets.