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.
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.
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.
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.