dryanhawley

dryanhawley Updated 

Tomorrow I m bullish predicting 5 waves UP from here. The oracle in 2000 when the dot.com bubble burst, I wanted to know for sure, before everyone else that a recession is coming. From extensive research I learned the signs of a BEAR market coming. one the flight to quality, traders fearing to buy stocks rush into the 1 year T bill, gold, REITS, sin stocks that...

dryanhawley

during the bear markets I lived through 87,2K, 2008-2010 I had to learn how to detect bear market conditions, the easiest and simplest if when the 50 EMA crashes down through the 200 EMA. Another indicator of a Bear Market is a flight to quality gold and silver... check that's 2. We have a head and Shoulders, price is falling down and possibly through the 50...

dryanhawley Updated 

We have been rallying from thre last major reversal XR we are at Piot level L4 this is a good buy level, L5 and L6 are better but it is a lte entry. I bought at XR. Silver is just underneath the 200 DMA, so we have to break though that, but I am bullish we could go to H6 @ 41.58, or weekly H5 @ 46.74 and still be beneath the upper red channel line, this trade...

dryanhawley Updated 

Yesterday we completed 5 waes up look at the 3 impulsive bullish waves in green. Then we did an A wave down and reversed at ~82,000 area now we have a 4 hour bullish engulfing candle crossing through VWAP dily, Weekly, and monthly on the way to as high as 88,000 area, constrined by the daily pivots. which have been goin up in recent days in an up wave

dryanhawley

let's say for example you bought 50 shares of BITX (bitcoin 2X bullish) on March 07, at Pivot for $45.50, and now you along with a lot of other longs are trapped. Each time the market rallies other bulls get out at a loss on every rally. Causing another downturn.. trapping you further. IF Your strategy is like mine so you won't close the trade in a loss, but...

dryanhawley

Let's examine how a head and shoulders is usually formed by a wave 4 and 5 and an A & B wave, the C wave is the sell off after the head and shoulders. I use this pattern to predict a head and shoulders AT THE RIGHT NECKLINE. In this case 90 minutes in advance.. So 6 X 15 minute candles in advance we can predicted a H & S and a selloff, sound valubale? if...

dryanhawley

Since January 27th at 6 AM we have completed 4 Elliot Waves. Which i have labeled on my chart, using OpenSource free pine Indicators. Wave 5 potential highs are labeled on the chart ranging from 105k R5 to 111K R6 in the Pivot Point range. What have I learned over the last 3 months of trading Bitty? Bitty is obviously way more volatile, meaning R6 and S6...

dryanhawley Updated 

Those of you who follow my posts will remember I have been predicting a C wave down, since the Christmas Rally that Retail ETF traders weren't allowed to participate in (The CASH Markets were closed). The ABC wave down completed last night at S6, an extended level I watch using CD_Camarilla_All Levels Indicator. We should have a huge rally today. BTCUSD has...

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dryanhawley

On the blue C wave targets on the lower right. This is meant to teach EWT elliot wave theory, to give not give trading advice. There is a corresponding Video Idea that goes into more detail. I will update the idea during the day tomorrow. I''m planning on buying with both hands if BITX /BITC go down on a 28" C wave. any rally will be over by the 1 AM...

dryanhawley

Many retail traders wander around in a fog asking others "are we going up or down, short or long?". If you don't have a trading plan for the day, much less know the direction fo the market.... Traders who know will take your money... Don't come to an automatic machine gun fight with a butter knife. Compare this set of 5 waves up followed by an ABC down) to...

dryanhawley

we are in an EWT Diamon d Top formation in every indices, every stock, bitcoin , and gold have all had similar diamond tops i feel the recession is finally here, FED be damned. They always cause the problems. all the FOMC does is screw up the market everything has had a diamond top, prepare for the bear blizzard This crazy rally reminds me of Custers last stand

dryanhawley

on the left hand side we see a series of days UP, 5 waves up and an ABC down, day after day, this is how the market moves up. We had 5 waves up, from the diamond bottom, (red 5). to a 4th wave down, that turned into 5 waves down, and on the ABC up, it reversed again and fell, now reversing off the wave 3 down, close to the lower edge of...

dryanhawley

This is not a simple buy/short situation... there will be buyable lows and sellable highs. I think a 5h wave up is possible. but ultimately a big selloff after that. time to go to cash or put your shorts on long term just my opinion. Please form your own opinion on each trade and understand why you are taking it and only by taking responsibilities for our...

dryanhawley

Back in 2000 everyone rushed into gold, price $260 the ideal hedge against a stock market crash 2000-2003, true BEAR market. Since then it has inflated to $2500, not priced as an ideal hedge anymore... Trades mor elike the Other indices SPY, QQQ, etc. If you study this you can ignore all the prices obscured my the PP Indicator, just look at the ideal buy and...

dryanhawley

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...

dryanhawley

This is the same idea as my post about the ES, but for the Q's. I have included a textbook diamond pattern from a medium turn ATH, series... We can learn from history or burry our head in the sand. This pattern is NOT a inverted, V shape recovery", it is a series of complex elliot waves, creating a intermediate term top. We may see a new ATH on Tuesday when...

dryanhawley

The last time I remember seeing this pattern was at an all time high January 2022, that over a long time creating this same diamond pattern. There were, and are, many new ATHs created just like in the recent past... other similar features were, and are, Head and Shoulder patterns, many of them, attempts to crash the market and new att time... The head and...

dryanhawley

i have been waiting out this 5th wave up since Sunday. Everyone speaking in the room I was in was bearish at the close, because we have been going down for days, and went down at the close... hey all that noise was wave 4. 4th wave is corrective, check, complex (5 waves inside it), and counter trend... Run a weekly chart on ES, the trend is still UP,, until it...