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Goldenratio

EURGBP tests 0.88 as UK Budget crisis deepens: Where next?The dollar crushed all majors yesterday, but EURGBP tells a different story. The euro is surging against the pound as UK fiscal chaos and bets on a BOE rate cut accelerate. With an ascending triangle breakout confirmed, traders are targeting 0.89 and the psychological 0.90 handle. The Office for Budget Responsibility just revealed a £20 billion fiscal hole, forcing Chancellor Reeves to make tough choices in November's budget. Meanwhile, markets price 68% odds of a December BOE rate cut as inflation cools—two mega catalysts for GBP weakness. Key drivers UK fiscal crisis: £20 billion productivity forecast slash ahead of November 26 budget forces austerity measures, crushing pound confidence BOE rate cuts priced In: 68% December cut odds versus 30% November (food prices down 0.4% month-on-month, retail deflation for first time since March) Technical breakout: Ascending triangle break above 0.8800 opens clean path to 0.89 and 0.90; golden 61.8% Fibonacci sits at 0.8872 as magnet level Wedge pattern risk: Multiple Fibonacci clusters (0.89, 0.8876, 0.90) confirm upside targets, but final wave of rising wedge warns of sharp retracement after targets hit How to trade EURGBP? Long above 0.8775, target 0.8872 (golden Fib magnet) then 0.89-0.90. Stop below 0.8750. Watch BOE communications and November 26 budget details for confirmation. UK in crisis mode—don't fade the breakdown. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Long
by ThinkMarkets
1
$111,661 and 25 cents: BTC Genesis fib to say "its Ova" or notShown here is a single fib series in three different time-frames. The Genesis Sequence has called all of the major turns since 2015. These are "very high gravity" objects that tend to capture into orbit. $ 111,661.25 is a "minor" ratio between semi-majors. $ 105,451.85 Is a "semi-major" and possible bottom $ 117,868.00 is a semi-major above for next target if bull. Bottom line: Rejection here could add to the "its over" narrative. Break-n-Hold of this fib would help dispel that idea. We expect a few "orbits" here then escape upwards. See "Related Publications" for previous EXACT calls such as our recent TOP: Hit BOOST and FOLLOW for more such PRECISE and TIMELY charts. ========================================================
COINBASE:BTCUSD
by EuroMotif
Pour Yourself A "Cup" of Cola, Grab A Share of KONYSE:KO has made a 61.8% Fibonacci Retracement of the Low @ $60.62 to the High @ $74.38 and begun to form what looks to be a Cup and Handle Pattern!! On Wednesday, Price on NYSE:KO managed to Confirm the Pattern by reaching the Equal High of $71.61, completing the "Cup". Now based on the Cup and Handle Pattern, we want to see Price make a Retracement to form the "Handle" of the Pattern and currently Price on NYSE:KO is falling. We can expect Price will Close the Gap from Last Week and find Support at the 50% Fibonacci Level @ $68.48. Once the Retracement is successful, we should see Price move up to Complete the "Handle" and Pattern altogether! Fundamentally, NYSE:KO CFO, John Murphy, plans to make changes to products with affordability in todays economy in mind for both High and Low income earners. www.tradingview.com NYSE:KO also posted greater than forecasted Earnings for Q3 this year! www.tradingview.com If Technicals and Fundamentals can align, NYSE:KO may be a great company to get stock in soon!
NYSE:KOLong
by Novi_Fibonacci
A better alternative to Fibonacci grid🙏🏻 Fibonacci based grid is a great inspiration from the Universe, but imo ain’t the final product, and here it is: For traders Use these values above and put em into grid tool here, and you’ll end up with uniform distribution based grid: 1.6134612334371357 1.0196152422706632 0.7886751345948129 0.5 0.21132486540518708 -0.019615242270663247 -0.6134612334371357 Then about how to apply it, you can divide trading activity by analytical units, these are in turn are based on: ^^ by price ^^ by time ^^ by signed volume waves/volume delta Explanation If you’ve followed my latest work you know I’ve identified a way to combine higher order moments to construct natural data driven estimates of data’s extremums and “ever possible” values (I still got no idea how no1 Ever posted it anywhere over the last centuries). Now imagine you got only 2 input values: actual max and min (just like in Fibo grid, it ain’t knows nothing else). Given only these 2 values we can model stuff with uniform distribution that has precisely known values of standardized moments, so we end up with (and remember that uniform distro is symmetric around its mid, so all odd moments are zero): dev = 1 / math.sqrt(12) //standard deviation kurt = 1.8 //kurtosis (not excess ofc, the raw one) hkurt = 27 / 7 //hyperkurtosis, 6th moment, raw af as well 0.5 + dev * hkurt 0.5 + dev * kurt 0.5 + dev 0.5 0.5 - dev 0.5 - dev * kurt 0.5 - dev * hkurt And the resulting output of it u seen at the beginning of the post, notice how the edges *almost* match your lovely golden ratio. For wanderers: Now for the wanderers, creators etc etc etc We might have a new math constant in our hands. This can’t be a coincidence that limit levels (the ones at the edges) almost match the golden ratio . What if we find some kind of ‘almost’ uniform distro, where the limit levels would ‘exactly’ match the golden ratio? No problem - Beta distribution with parameters alpha = beta = (smth just a bit greater than 1). I solved it numerically in python with mpmath library (necessary for high precision stuff, default packages are gonna truncate too much and we work with gamma functions there, high powers, huge numbers). The following constant used as both parameters for Beta distribution provides us an almost uniform beautiful distro, with a minimal necessary deviation from uniform distro if u pls, just with a lil bit gently smoothed corners, and all connected to fibonacci sequence and golden ratio: 1.013156499304251804283836146883597463164059088989506487984660881392552993230097518061037104047261922219476043198153474114525730243848097530913517155085537693517359999905511951459927003624291626547046737804828112785002512650… … and it goes on and on. I called it Sagitta constant, because visually it creates that beautiful almost flat shape, the minimal natural curvature. And now if we put this as c in Beta(c, c) following the same levels construction method from before we get these levels: std = 0.28741741 K = 1.80628205 Hk = 3.88993123 0.5 + std * hk = 1.61803398 0.5 + std * k = 1.01915692 0.5 + std = 0.78741741 0.5 = 0.5 0.5 - std = 0.21258258 0.5 - std * k = -0.01915692 0.5 - std * hk = -0.61803398 Visuals, plots, graphics ^^ here you can see how our resulting distro & derivatives look like, kinda cute aye? Beta(c, c), where c is our constant Sagitta, actually might be a natural prior for Bayesian stuff, almost a boxcar windowing function for DSP so u gonna tame that famous spectral leakage, or a kernel for KDE, like u name it, every case when u need a uniform shape yet with slightly relaxed endpoints, you can use it in design and architecture. Go for it bros, test it in your R&D. Maybe some1 gonna use it to prove Riemann assumption conjecture , if u get dat milli send me 25% ima find a good use for it. ∞
COMEX:GC1!Education
by gorx1
XAU.usd watch $4313-39: Gold about to hit Double Golden fibsGold continues its relentless climb into new highs. Nearing Double Golden fibs at $4313.98 - 4339.07 Looking for a Dip-to-Fib or Break-n-Retest entries. IF there is a top anywhere near here, then THIS will be the ideal spot for it. . See "Related Pubications" for previous plots such as this PERFECT DIP: Hit BOOST and FOLLOW for more such PRECISE and TIMELY charts. ========================================================= .
OANDA:XAUUSD
by EuroMotif