Dubaistockmarket
TAQA (The Abu Dhabi National Energy Company)ADX: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.
ADX Major Index in Complex CorrectionADX:FADGI
ADX completed it's wave 3 and it's in wave 4. wave 4 is unfolding in double three complex correction pattern. It's in near final phase of wave y. Can't say that it will reverse from the target point because it can again start unfolding in triple three complex correction pattern( Wave WXYXZ ).
Target
1) My target for wave Y is 8900 .
2) Reverse retracement of wave Ⓐ of wave 🄦 is also near 8900.
FAB - DUBAI STOCKS(ADX)ADX:FAB
* am expecting all time high in the coming years.
* it is in fib golden level 0.618
* purple line is my entry point
* very long swing trade
PRESIGHT - UAE STOCKS (ADX)ADX:PRESIGHT
* expecting all time high..
* orange line is fib golden ratio 0.618(support level also)
* purple line is my entry point
* very long term swing trade
