In the NZDUSD currency pair, we see the price entering the supercomo, so it is expected that if the price comes out from the bottom of the Como cloud, it will first touch 0.71575 and then the red targets inside the image.
It makes sense that if the cloud is broken upwards, the green targets will be logical points for save profit.
It makes sense that if the cloud is broken upwards, the green targets will be logical points for save profit.
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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.