Hi Januson ... I am not really a user of Fibonacci retracements/extensions but plenty of people are. There are some good threads on Fibos, try the ones listed here to start with and they should give you some good ideas:
http://www.traderslaboratory.com/for...earchid=133324
Maybe try this thread first, the opening post talks about plotting Fibos between swing highs and lows:
http://www.traderslaboratory.com/for...gies-1057.html