SMShehab

SMShehab Updated 

- EWP 7y Full Corrective cycle finally completed. - Near perfect Macro EWP ABCDE Symmetrical Triangle Complete - Macro E unfolded in expected lower scale ABCDE pattern over the past few months, now concluded. - Expecting a 5-Wave EWP Impulse in the coming days/weeks/months with an exponential upside move. - Global Liquidity supports the view with a ABCDE Falling...

SMShehab

- DXY is busy slowly rising into a EWP B wave correction that will reverse down into a sharp C downward to 100 or less, supporting our thesis on the coming upside in broader risk assets. - Global liquidity is also concluding a EW Falling Wedge Pattern that is expected to see a sudden exponential increase in liquidity in the coming days/weeks, which is inversely...

SMShehab

- EWP Wave 5 impulse to start in the coming days/weeks. - Global liquidity in final stages of EWP Falling Wedge (ABCDE) contraction pattern, supporting thesis for liquidity expansion in the near term, possibly into 25, supporting growth in most risk assets.

SMShehab

- EWP Wave 5 impulse to start in coming days/weeks. - Target is 700USD+ before YE'24 - Global liquidity is forming a contracting falling wedge pattern, expected to break to upside in coming days/weeks, supporting upside volatility in risk assets.

SMShehab

Any Ripple/XRP followers remember the 589 theory? :-) Perhaps everyone should stop looking to price, and see what the dominance chart tells us.

SMShehab Updated 

XRP - HIGH CONFIDENCE 20x ROI MACRO INVESTMENT POSITION (+/-18 Months to Target) XRP is in the process of competing a final wave E of a six year macro Symmetrical Elliot Wave triangle structure. Qualifying Criteria: - Waves A through D of the triangle can all be observed dividing into subwaves of 3,3,3,3 - All subwaves can be seen finding resistance of subwave...

SMShehab Updated 

Falling Wedge complete with good structure, target .80 zone. - High risk of drawback to 0.63 after 0.80 zone is hit - This ties back to the Macro Structure, Wave E Triangle that is expected to play out before we see exponential upside targets.