Pivot Points 180 " chart, 5 trades

Forget Elliot Wave Theory for a minute, think only pivot points.

I call buying S5 and selling R5 as the ultimate buy and sell zones. It sounds
too easy. n Lets examine4 trades, easily spotted.

1. BUY May 22 2024, below S5-S6

2. SELL July 11 2024 R5

3. BUY August 05 2024 S5

4. Sell August 22, R3.5

5 BUY S5 , August 28

6. September 03-04 2024..
SELL R5?

to be continued.. inside this Idea look for total points gained, and EWT wave counts

Note

PROFITS:

POINTS up from the first buy S5. 426-503 77 QQQ points

POINTS down from #2 sell at R5 503-425 77 points

POINTS up from S5, 425 to August 22 R4 485. 65 points

POINTS down, R5 485 to August 28 465 S5 20 points. ( bottom of wave 4 down )

POINTS UP from August 28 to September theoretical R5. 22 points

261 QQQ points

Note

gyazo.com/fda4ed905c89fde0dfc12909f4e06729. disallowed losses, represents money moved out of the account.

Note

gyazo.com/fda4ed905c89fde0dfc12909f4e06729. ERASE THE DOT, PERIOD, AT THE END... GYZAO WON'T WORK WITH THE PERIOD.

Note

amazon.com/Big-Short-Christian-Bale/dp/B01996A6AE/

WATCH & LEARN

Note

hand drawn EWT wave count matched to EWT SW, we are climbing wave 5 up today as stated, someone said he thought we'd go up this week, i can see this taking longer than i first thought, I was thinking about the past when we had giant daily movements.

Note

If you doubt EWT take note of the two numbers, and watch how close we get to both the top of wave 5 and probably R5 in pivots.

side bets? kidding

dryanhawley

Please check out Kauai Dave Pivot Traders on youtube. youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

dryanhawley

Please check out Kauai Dave Pivot Traders on youtube. youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ

Also on: