swaaapnil

TAQA (The Abu Dhabi National Energy Company)

Long
ADX:TAQA   Abu Dhabi National Energy Company
TAQA
Probability No.2
A clear impulse wave forming in TAQA. In parallel line extended wave 3 is forming. But I think in extended wave there are also more 5 sub-waves. Meaning double extended wave in wave 3. But it's only possible if wave ➂ is larger than wave ➀.
It's complex to understand.
Wave 3 is normally extended one. Meaning wave 3 have also 5 sub-waves. here in these already extended one 5 sub-wave 3rd waves can also be again extended one if new wave goes above red highlighted price range.


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.