Abu Dhabi National Energy Company
לונג
מעודכן

TAQA ADX Long setup

202
TAQA just reset off that demand zone, carved out a clean Wave 2, and now revving for the Wave 3 engine. That 3.37 breakout could be the ignition — where the real fire starts.

Clear impulsive move starting late June; we’re likely in a Wave (3) of a new bullish sequence.

Wave (3) could extend toward 3.53–3.71 based on symmetry and momentum of previous wave.

🎯 Trade Setup (Long)

📍 Entry:** 3.36 (current level)
📉 Stop Loss:** 3.31 (below demand zone + Wave 2 low)
🎯 TP1: 3.53 (Wave 3 target)
🎯 TP2: 3.71 (Wave 5 target)

Risk/Reward Ratio

To TP1: \~4.5R
To TP2: \~9.0R+

“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”

⚠️ Disclaimer

This is not financial advice. Always do your own analysis and use stop losses. Markets carry risk — especially during earnings or news catalysts.
עסקה סגורה: היעד הושג
3:1 Target reached in early Sept
9:1 Target reached 29th Sept

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