Elliottwaveprojection
Psychographic Analysis - Life Cycle of InvestorImagine an investment as a journey with twists and turns. Knowing its different stages is like having a map for investors. It helps them decide if they want a thrilling ride with big potential rewards or a smoother path with steady stability, based on their comfort with risk. For investors, understanding the life cycle is crucial because it directly impacts the investor's risk appetite.
✨Personality characteristics of investors
✨Risk/Return Trade-Offs for Investors:
🔸 Risk/reward trade-offs are related to the relationship that exists between the degree of risk an investor takes and the potential reward for the investment. larger-risk investments have the potential for greater returns, but they also have the potential for greater losses as well. Lower-risk investments, on the other hand, have the potential for lower profits, but also for fewer losses.
🔸 The risk tolerance and investment objectives of investors will change over time. Younger investors who are just starting out are more likely to be on the risk/reward spectrum, willing to take on more risk in exchange for the chance of larger profits. This is because they have a longer time horizon with which to invest and recoup from losses. Investors may grow more risk-averse and migrate to the left side of the spectrum as they near retirement. They may need to start withdrawing from their assets to fund their retirement, so they want to protect their money and avoid large losses.
✨Phases of the Investment Life Cycle:
↪️ Here is a breakdown of the investment life cycle and how risk/reward trade-offs may change at each stage:
1️⃣ Accumulation Phase
In the initial stage, known as the accumulation phase, individuals find themselves with a modest net worth relative to their liabilities. Their investment portfolio tends to be limited and less diversified. Goals often include funding education, purchasing a home, and laying the groundwork for future financial independence. With a long time horizon and potential income growth, investors in this phase can afford to explore high-return, high-risk capital gain-oriented investments.
2️⃣ Consolidation Phase
As individuals progress through their mid-to-late careers, they enter the consolidation phase. Characterized by income surpassing expenses, this period, although still distant from retirement, prompts a shift towards capital preservation. Investors start balancing high capital gain investments with lower-risk assets, creating a more stable and resilient portfolio.
3️⃣ Spending Phase
The spending phase marks a transition when living expenses are no longer sustained by earned income but by accumulated assets, such as investments and retirement funds. With a decreased likelihood of returning to work, stability becomes paramount in the investment portfolio. Preferences shift towards investments generating steady income through dividends, interest, and rentals. Despite the reduced time horizon, some growth-focused investments are retained to hedge against inflation.
4️⃣ Gifting Phase
In the final phase, the gifting phase, investors realize an abundance of assets beyond personal needs. At this juncture, the purpose of investments may evolve, focusing on leaving a lasting legacy or supporting charitable causes.
📊 Importance:
It's like having a guide for your financial journey when you understand the investor life cycle. It assists you in choosing, depending on your comfort level with danger, between an exhilarating, high-risk ride and a more steady, smooth road. Understanding the various investment phases is essential as it influences your willingness to accept risk. It's similar to changing your game plan as you move through different stages of life, such as the exuberant early years and the more measured approach as you near retirement. Put simply, understanding the investor life cycle assists you at every stage in reaching your financial objectives and making wise decisions.
By @Money_Dictators on @TradingView Platform
XAG SILVER Neowave - Elliott Wave Theory Analysis (Medium Term)Silver is forming a potential diametric structure in the medium term and the second phase of this structure has begun. The potential route I expect the price to follow is indicated in the image (with dotted lines).
The wave e of the diametric structure is estimated January 15, 2024. We can say that we will be in a bear market for the next 2 months. After that, the structure will be completed with the rise of f and the fall of g.
With the completion of the structure, I think we will enter a prolonged bull market. Maybe a short but sharp rise in time, or a market period spread over time... We will analyze this in the sequel.
Your support is important for me, I can say it is a source of motivation. So thank you for that.
AUDUSD: Simple Speculative SetupHi Traders!
From a technical point of view, the trend is bearish so trying a bullish trade is very speculative (high risk of failure), so it should be right to try to take a long position with a small size, possibly there will be time to add new positions. Having said that, we have greatly simplified our setup on the chart, because we will look for some reversal pattern in support area before taking a long position, and if we are lucky, we may also be able to limit the stop loss before the price reaches 0.6270. If our work will be supported, we do not rule out publishing new updates.
If the price triggers a new low, we will look for sell opportunities in the short term. From a Trade Management perspective, this setup has a good Risk/Reward ratio (>1:3).
Trade with care
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TRADE SETUP_LIC HOUSINGFIN_10% upsideThe stock was seen rising in march 2023 in wave 1 all the way till June 2023. The retracement to this wave came in next 1month through the month of July.
Then from July till late September the stock was seen advancing up in wave 3.It spend the month of October subsequently in wave 4 corrective phase and now towards the year end, the stock is ready for wave 5 take off and can move towards 500 mark in November-December.
It should be noted that since the wave 3 was shorter than wave 1 it should be presumed that wave 5 will be the shortest and therefore a modest target of 500 is projected for this stock.
The stock is currently near a strong support area of 450.
440 can be used as a SL.
Please note the wave counts have been studied and marked on a 3hour chart.
Note*- Views expressed here are my personal observations/opinions. Always do your own analysis/research before taking up any financial position.
Weekly Update: Do Small Caps Still Lead the Broader Markets?We've all heard that the small capitalized publicly traded companies lead the larger cap companies, more so featured in the broader indices. A quick look back shows the Small Caps Topped in November 2021, whereas the Nasdaq and SP500 did not top till January 2022. Subsequently, the IWM bottomed in June of 2022, and it took the NDX and SPX till October of 2022 to form a bottom.
So it appears we do not have to go back too far to see this phenomenon is still valid. If this price action of leading the broader markets continues to persist, then the IWM is now poised to literally "Drop like Rock".
A quick observation shows the small caps are around their lows bouncing slightly for wave 2 in our primary c-wave down. You can read my prior posts on the SPX and NDX indices but it appears if you want to know if the recent bullish feeling rally in the DJIA, NDX and SP500 has sustainable legs...look no further than the IWM.
Best to all,
Chris
XAUUSD LONG SCENARIOThe precious metal has gained more than 8% since Hamas attacked Israel. While the war will continue to drive haven flows toward Gold, further price gains also hinge on the Fed’s rate cycle nearing an end. This will result in retreating US yields, reducing the opportunity cost of Gold.(Source: FX Street)
From Technical Aspect, XAUUSD is forming Wave C of (2), expect the price break 1986.85 as Bullish Confirmation.
Kindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective.
Trade safe, Everyone!
Cheers.
Silver Is Trading Close To Technical "BUY" LevelSilver is trading sideways since 2021, a move that can be a corrective because of choppy and overlapping price action. Ideally, its a very big triangle in progress, currently with subwave C bottoming because of the bounce away from $21.00. Notice that rally back above 22.33 horizontal swing level is strong and impulsive, so ideally that's going to be part of a new recovery that can send metal even towards 24-25 area, but after wave B pullback that is now in progress and can find a support at 22.20-22.50 area. Also, we can see a potential HS bottom formation currently with the right shoulder playing out as a wave B.
FLSR - Bulls Will control an Impending Advance---Elliott wave analysis---
As you can see on the daily chart, There is an impulsive cycle from the low of 5960 that validates all the required rules of the Elliott wave principle given below:
Wave (2) can never exceed the starting point of wave (1).
Wave (3) can never be the shortest wave among (1), (3) & (5).
Wave (4) can never enter the price territory of wave (1).
So, we have a valid reason to validate the wave count. In addition, FSLR's wave cycle has the following formation in the wave with Fibonacci levels:
Wave (1) is an impulse wave.
Wave (2) retraced 100% of wave (1). It has formed A-B-C zigzag.
Wave (3) is an extended wave.
Wabe (4) is a complex correction W-X-Y, that retraced to 0.382 level.
Wave (5) is an ending diagonal.
Wave A retraced 0.382 of wave (5), which extended to 1.618 level.
Wave (B) retraced 100% of wave A.
FLSR had accomplished impulsive structure at 232 and started corrective formation. It looks like the correction phase occurred at 132.19 . We can expect a new motive cycle from 132.19 . Traders should carefully watch the breakout of wave 4 of wave (c).
Target projection:
Using Reverse Fibonacci of wave (B)
Reverse Fibonacci Of correction
resistance and pivot levels
From the above projections, we can find a cluster of levels to measure our targets. Traders can follow cluster targets: 168 - 188 - 192 or higher. It can extend up to 100% at 232.
Alternatively, Failure can continue correction to the final support level of 115.58, which is less likely to happen.
---Indicator Study:---
Average true range:
ATR of the FLSR rose to 7.79 when the price was rising. It suggests that we can get a rapid upward move after the breakout of wave (4).
RSI:
The RSI of the FLSR surged from 31.09 to 49.5 . RSI surge along with price suggests that bulls have a strong grip on the stock. We can also see a divergence from the previous move.
Exponential Moving averages:
Major EMAs, such as the 200-day and 100-day , are trading above the price, but the 20-day Exponential Moving Average is being broken by FSLR. Its possible for security to reach quickly to 50 EMA soon.
Thank you!
By @moneydictators on @TradingView Platform
Great opportunity for long term investors in BANK of AMERICAThe second largest American bank has been spotted at a 61.8% retracement of its impulse wave up in march 2020. Moreover the stock has completed an entire zig zag(according to Elliot wave theory or simply ABC correction) from 2021 till date.
The wave 3 target for the stock in the 3-5 year term turns out to be around $68.
Livent corporation Elliott wave projectionProjection based on Elliott wave theory, support and resistance as well as supply and demand.
Buy area is 14,3-15,7 with right price action on daily and weekly with target above all time high.
SPY 2 Bearish Scenarios
1. Less Bearish Scenario
We have a 1-2 1-2 with the impulse wave 3 down in progress or still to come.
The difference between the 2 scenarios is the higher timeframe.
In this less bearish scenario, this move down is part of the primary wave C in the correction that started Jan 22.
Once is done a new cycle will begin.
2. Bearish scenario
In the bearish scenario, this move down is part of the primary wave 3 and not wave C.
We are still in the 1-2 1-2 waves down with minor wave 3 yet to come. All of these waves are part of the primary wave 3 in the correction that started on January 22.
Are you berish? What other alternate scenarios do you see?
Legal Disclaimer: The information presented in this analysis is solely for informational and educational purpose and does not serve as financial advice.
Decision ZoneHello everyone;
PMI and ECB have interest rate decisions this week. Therefore, there will not be much volatility until this data. I don't have any predictions about this data yet. I will wait. However, in general, my goal will be as in the chart.
I have a total loss of -2rr from the transactions I shared last week. This week I will take my transactions again with a target of 5rr. Let's see what the result will be
Thx for your support :)
Good luck to everyone...
UPDATE: DOW JONES INDUSTRIAL (US30)Last time i expected 1 more high at 34000-34400 (as Ending Diagonal on C) to start downtrend, it failed.
This is my new perspective on Dow Jones (US30), i strongly believe there will be a bearish to come.
Kindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective.
Trade safe, Everyone!
Cheers.
A massive selldown is potentially coming for #SP500As the chart progresses, old post was shared wayback Dec 2022 when the index has completed the Wave A leading Diagonal, the 1st impulse of the 3-wave corrective of the bigger cycle.
Currently, Wave B might have already topped off on the rejected 4600 zone.
I'm seeing a potential 3rd and the last impulsive of the greater corrective cycle which is at an unbelievable level estimated to be around 3276 by May of 2024 as target of the time completion.
Disclaimer: Not a financial advise. Idea is only based from the analyst's perspective applying Wave and Time Theories.
BTCUSD: Road to 50k?The BTCUSD price has just completed wave 2 and is on course for a fine wave 3 (broken down into 5 orange sub-waves here), supported by a bullish divergence and the break above the weekly Ichimoku cloud.
Wave i could continue its ascent before hitting resistance at 32k.
Wave ii would then retrace 50% of wave i to bounce off the 2021 double-top support.
Wave iii (= 161.8% of wave i) would end at the 40k resistance, before bouncing back to this ascending trendline in blue as a wave iv, retracing 38.2% of wave iii.
Finally, wave v is still the most complicated to anticipate, but the 123.6% retracement of wave iv seems to be in line with the assumption that wave 3 will extend wave 1 by a ratio of 1.618:1.
Fundamentally, the current tense macroeconomic environment remains a danger for the BTC price. Not to mention the dollar rate, which could continue to rise in the event of a further rate hike at the next Fed meetings, particularly those on December 13th and January 31st.
To be continued...
Don't hesitate to comment. I'm open to new ideas, especially as the fractal plan always offers many different scenarios.
Quiet London sessionHello ladies and gentlemen;
Although today is not a holiday, we will enter the London session in the coming hours, where no data will be received. The most important data of the day will come at the beginning of the New York session. Considering the unemployment data that came 2 weeks ago, I expect today's data to be lower than expected.
According to the chart, I expect the retracement towards the 4h major OB to continue. I currently have a short position open and I reset the risk by placing a stop loss at the breakeven level. When you examine it, there is a slight risk of reaching that level and getting stopped, but I think this probability is very low. I think we will continue the day in a short direction after the correction of yesterday's downward movement is completed.
I will also share the other transaction I will receive today. I'm currently at -2rr for this week. I need to collect 7rr or more to reach my weekly goal.
If you like the posts, please don't forget to like and follow :)
Good luck
Mixed DayHello everyone;
Today, we will receive inflation data from the UK and the European Union in the London session. Inflation in the UK is still expected to remain high. However, things seem to be getting better in the European Union. Later, we will see construction data from the USA in the New York session. According to these data, the construction sector is expected to recover compared to the previous month.
Recently, I read a report about this situation and that representatives of the construction industry in the USA were negotiating to prevent interest rates from increasing further. That's why this data is of particular importance to me.
Above all, today there will be a visit from the US government regarding the Israeli-Palestinian conflict. I expect that with the latest developments, Israel will be forced into a ceasefire, even if it is a small one. In this case, we can see an appreciation in the USD index.
Today, since I said I would share my transactions throughout the week, I will write down the transactions I opened. I hope they are useful to you.
Remember that your support motivates me. Please like and subscribe for more sharing. It makes me so happy :)
Good luck...
The number 13 brings me good luckGreetings to everyone;
Finally, I saw that 13 people followed and to celebrate this, I decided to update the post when I received transactions in the coming days. Normally I aim for 5rr per week in my own system, but maybe we can be more lucky :)
Data will come from Europe first this morning. Then there is the retail sales data set on the US side. In my analysis, I think the expectations support us.
My target for the EURUSD parity in the short term is still higher levels. That's why we will use the possible declines tomorrow for a long position. I will make a warning update a few minutes before taking action. When I receive a transaction, I will try to write as soon as possible.
As the likes and follows increase, I plan to share different things.
Good luck...