LEOX = another undervalued GEM in RWA category. Time to Accumulate.
DO NOT push in.
LEOX is set to power Galileo Protocol's luxury tokenization platform, bringing seamless interactions and new opportunities.
#RWA
#GEM
Fibonacci
The Solana ecosystem continues to thrive...hello friends
This currency, which is from the Solana ecosystem, managed to make a good bottom after a long-term downward trend and managed to hit a new top.
Now that Pullback has stirred, it has provided us with a good opportunity to buy a ladder.
Note that if he keeps his range, he can move to the specified targets.
Dear friends, capital management must be observed.
Be successful and profitable.
PEPE | ALTCOINS | Next TargetsALTCOINS have seen hard pumps and at this point of the cycle, for as long as BTC trades range between 95k-105k , altcoins can go even higher.
PEPE has recently made a new ATH, but it's likely that there is another push. This is now price discovery, as there are no points of resistance or support. However, through Fibonacci and technical indicators, we can get an idea of were the price of PEPE may be heading next.
Don't miss yesterday's update on ETH, and why the ATH is NOT IN yet:
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MEXC:PEPEUSDT
EURCAD SELLEUR/CAD 4-hour timeframe with respect to Wyckoff market cycle stages and current price action. Here's the step-by-step evaluation:
Wyckoff Analysis
Distribution Phase:
The chart shows a prolonged sideways range at the top (above 1.50), suggesting a distribution phase. This is evident from the multiple rejections at the resistance zone around 1.51679.
The volume during this range shows spikes on bearish candles, indicating selling pressure by smart money.
Markdown Phase:
Following the breakdown from the range, the price formed a clear impulsive downtrend, completing a 5-wave Elliott pattern (labeled as 1 to 5 in the chart).
The markdown culminated near 1.44886, which aligns with strong support and Fibonacci extension levels (1.618 at 1.45131). Volume increased significantly.
Gold price action analysisAfter correcting its price in the fair price range, gold will continue its movement towards the prices of 2730 and 2770.
FET tps for this bullbased on past bulls experience I believe fibs and cyclical highs and lows are the best levels to set for profit taking. yes, I do believe in decentralisation and crypto - its utility and potential but I will not bag hold, thinking ahead of time for the next bear/shopping market
taking also in consideration my spot avg entry and bag size, these are my tp levels and respective bag %s for $BINANCE:FETUSDT. leaving some as moonshot for higher targets. once i get sls/trailling stops I will update the chart, too soon to plan for those
do as you please with it 🤝
GBPUSD long 30 min chart 08 Dec to 13 DecWait for pull back 23 pips to support at 1.27023 and enter on break and retest .
TP is 1.28341 which is resistance on the 4 hour.
Fibs are all aligned too so hoping for 120 pip move here.
Method just key levels Fibs and support and resistance
XAUUSD Gols levels for the coming week 09/12 to 13/12XAUUSD levels for the coming week.
Looking to enter a buy at 2645 expecting 2652 to 2654 as first resistance level.
If we break expect 2658,2660,2665 before hitting 2678 to 2680 if we break these levels then 2700 +
For a sell
I would look to enter at a break of 2630 which is fibonacci level 0.618 expecting to fall to 2620 and 2612 next .
If you want a safer sell level I have marked 2620 as a safe sell.
Ready to go long on goldGood morning, bros! Let's re-examine the gold market together!
Gold fell back again after touching around 2674, with the current lowest falling to around 2661. From a short-term structural point of view, gold constructed a sub-high of 2674 at the hourly level, forming an 'M' top structure with yesterday's high of 2676, forming a negative impact on gold. A certain degree of technical pressure;
However, from an overall perspective, if gold cannot fall below the 2650 position during the fall, it will reduce the pressure on the hourly level 'M' top and accumulate energy during the fall, which will help gold continue to fall after the fall. The price fluctuates and rises, and it is easier to break through the resistance in the 2678 area, and may even continue to rise to the 2680-2690 area.
So in terms of short-term trading, we can use the 2660-2650 area as support and try to go long on gold! Bros, are you bullish on gold in the short term like me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
USDJPY has reached key resistance Intraday Update: The USDJPY has bounced back to the 38% retracement of the Nov 14th high to Dec 3rd low. The 152.00 level has been a massive pivot since Oct 2022, so the 151.80 level (38%) may offer strong resistance (or just above) today.
Crown Castle Inc. (CCI) - SK Sequence Strategy AnalysisTrading the Sequence Setup:
Entry Zone:
Buying near the WCL zone ($98–$105) provides a favorable risk-reward opportunity, following the sequence structure.
Stop Loss:
Place stops below $95 to protect against a breakdown in the sequence.
Profit Targets:
T1: $148 (1.618 Fib extension)
T2: $155 (1.809 Fib extension)
T3: $161 (2.0 Fib extension)
Invalidation:
A breakdown below the WCL zone and $95 invalidates the upward sequence, potentially targeting $90 or lower levels.
The Supercycle of XRPThe future is bright. So bright!
Based on the Supercycle Elliott Wave counts, we can expect very promising targets for XRP.
It won't be wishful thinking to raise the argument that we might never again see XRP below $1 till the next bear market.
Ambitious targets? Hell yeah!
Bear market coming? Hell yeah!
When? Everything will happen so fast. The supercycle conclusion and entering the bear market.
2025 will be a legendary year.
*my* ETH tps for this bullbased on past bulls experience I believe fibs and cyclical highs and lows are the best levels to set for profit taking. yes, I do believe in decentralisation and crypto - its utility and potential but I will not bag hold, thinking ahead of time for the next bear/shopping market
taking also in consideration my spot avg entry and bag size, these are my tp levels and respective bag %s for $BINANCE:ETHUSDT. once i get sls/trailling stops I will update the chart, too soon to plan for those
do as you please with it 🤝
AVAX tps for this bullbased on past bulls experience I believe fibs and cyclical highs and lows are the best levels to set for profit taking. yes, I do believe in decentralisation and crypto - its utility and potential but I will not bag hold, thinking ahead of time for the next bear/shopping market
taking also in consideration my spot avg entry and bag size, these are my tp levels and respective bag %s for BINANCE:AVAXUSDT . once i get sls/trailling stops I will update the chart, too soon to plan for those
do as you please with it 🤝
ATOM tps for this bullbased on past bulls experience I believe fibs and cyclical highs and lows are the best levels to set for profit taking. yes, I do believe in decentralisation and crypto - its utility and potential but I will not bag hold, thinking ahead of time for the next bear/shopping market
taking also in consideration my spot avg entry and bag size, these are my tp levels and respective bag %s for $BINANCE:ATOMUSDT. once i get sls/trailling stops I will update the chart, too soon to plan for those
do as you please with it 🤝
SPY/S&P500: in the mid-term resistance zonePrice has approached the upper border of the mid-term resistance zone: 598-612.
Until price closes bellow 612, I am preparing for the start of a correction to mid-term support: 564-540.
If price moves confidently above 612, than next resistance target is at 635 level.
The macro-structure of the uptrend from 2022 lows is well intact until price holds above 540 level and assumes higher targets for 2025 at 635-640-670 levels.
I wish everyone Merry Christmas and successful and profitable 2025!
Thank you for your attention.
A longterm view of VICUSDTA fantastic situation happened on this token to achieve over 260% Profit !
Every time the descending trendline touched from down until it breaks! Now its time to touch from upside and a shadow get the job done!
Now all is simple just we should buy this friend and thanks to dear Fibonacci wait to reach the targets (or more targets I should update later)
Enjoy!
Bitcoin BTC price movement forecast by the end of 2024 !📉 On December 5, 2024, set an absolute record for liquidations on the crypto market - $1.1 billion ($820 million longs + $280 million shorts), breaking the record of August 05, 2024, when it was $950 million.
CRYPTOCAP:BTC price dropped to $89-90 thousand, depending on the exchange.
Such a “helicopter” as on the OKX:BTCUSDT chart is launched when all indicators are “overheated” and the market needs to rest, but maintain the trend, i.e. the crypto market's up-trend.
Fear and Greed Index - 71 (greed remains on the market)
Given the fact that altcoins have barely reacted to the fall, we can assume that there will be another wave down.
How do you feel about the option of #Bitcoin price movement $100k 👉 $84-85k 👉 $110k and this is all by the end of 2024 ?)
P.S:
also remember that on 18/12/24 the FOMC meeting is to be held, where the FED rate is expected to be cut by at least -0.25%.
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EURJPY | 4 HOUR TIMEFRAME | TECHNICAL CHART Hello guys, I made FX:EURJPY analysis for you. Please support me by pressing the like button on my analysis.
Stay with love guys.
USDJPY | 4 HOUR TIMEFRAME | TECHNICAL CHARTHello guys, I made FX:USDJPY analysis for you. Please support me by pressing the like button on my analysis.
Stay with love guys.
What Are Leading Trading Indicators, and How Can You Use ThemWhat Are Leading Trading Indicators, and How Can You Use Them in Trading?
Leading indicators are essential tools for traders aiming to analyse market movements. This article explains what leading indicators are, how they work, and their practical application across different asset classes. Read on to discover how tools like RSI, Stochastic Oscillator, On-balance Volume, and Fibonacci retracements can enhance your trading strategy.
What Are Leading Technical Indicators?
Technical indicators are divided into leading and lagging. Leading indicators in trading are tools used to identify potential price movements before they occur. Lagging indicators confirm trends after they begin, helping traders validate price movements. The difference between leading and lagging indicators is that leading indicators aim to give traders an edge by signalling when a new trend or reversal might be on the horizon while lagging indicators confirm trends after they've developed.
Leading trading indicators work by analysing price data to identify patterns or extremes in buying and selling behaviour. For instance, popular leading indicators like the Relative Strength Index (RSI) and the Stochastic Oscillator measure momentum in a market. These indicators help traders spot overbought or oversold conditions, where RSI tracks recent price movements relative to historical performance, while the Stochastic Oscillator compares a security's closing price to its price range over a set period.
However, it’s important to note that leading indicators can produce false signals, meaning they may suggest a price move that doesn’t materialise. Because of this, traders often combine them with other technical analysis tools, such as support and resistance levels, or use them alongside lagging indicators to validate the signals they receive.
Types of Leading Indicators in Trading
Leading indicators are divided into various types, each serving a unique role in analysing potential market movements. Three common types include momentum indicators, oscillators, and volume indicators:
- Momentum Indicators: These track the speed or rate of price changes. They are used to assess the strength of a trend and determine potential reversals when the momentum slows. Momentum indicators help traders when an asset is overbought or oversold.
- Oscillators: These indicators fluctuate between fixed values (usually 0 and 100) to reflect the market’s current momentum. They help traders pinpoint potential reversals by highlighting when an asset is overbought or oversold. Oscillators are particularly useful in range-bound markets where price movement is confined within support and resistance levels.
- Volume Indicators: These focus on the amount of trading activity, rather than price movement. By analysing the flow of volume in or out of an asset, traders can gauge the strength behind price movements. Increasing volume in the direction of a trend often confirms its continuation, while the divergence between volume and price can indicate potential reversals.
Below, we’ll take a look at a list of leading indicators. If you’d like to explore these indicators alongside dozens more, head over to FXOpen’s free TickTrader trading platform.
Relative Strength Index (RSI)
The Relative Strength Index (RSI) is one of the most popular leading indicators examples. RSI is a momentum oscillator that helps traders evaluate the strength of an asset’s price movements. Developed by J. Welles Wilder, it measures the speed and change of price actions over a set period—typically 14 candles—on a scale from 0 to 100.
The primary signals RSI produces revolve around overbought and oversold conditions. When the indicator breaks above 70, it suggests that an asset may be overbought, reflecting the potential for a reversal or correction. Conversely, when RSI falls below 30, it signals that an asset may be oversold, which can indicate a potential recovery. These thresholds provide traders with insight into whether the price has moved too far in one direction and is poised for a change.
RSI can also highlight trend reversals through divergence. If the price of an asset continues to rise while the RSI drops, it indicates bearish divergence, signalling potential weakening momentum. On the other hand, bullish divergence occurs when the price falls, but the RSI rises, suggesting that the downward trend may be losing strength.
Another useful RSI signal is when it crosses the 50-level. In an uptrend, RSI remaining above 50 can confirm momentum, while in a downtrend, staying below 50 reinforces bearish sentiment.
However, RSI is not foolproof. During a strong trend, the indicator can signal overbought or oversold for a long while and lead to false signals. This is why it’s often paired with other indicators to confirm signals.
Stochastic Oscillator
The Stochastic Oscillator is a momentum-based indicator that assesses the relationship between an asset's closing price and its price range over a specific number of periods, typically 14. It consists of two lines: the %K line, the primary line, and the %D line, which is a moving average of %K, providing smoother signals.
This oscillator ranges from 0 to 100, with readings above 80 indicating overbought conditions and those below 20 signalling oversold conditions. Traders utilise these signals to determine potential reversals in price. For example, when the oscillator rises above 80 and then drops below it, a potential sell signal is generated. Conversely, when it falls below 20 and climbs back above, it might indicate a buy opportunity.
The Stochastic Oscillator also provides crossover signals, where the %K line crosses above or below the %D line. A bullish crossover occurs when %K rises above %D, indicating that upward momentum may be increasing. A bearish crossover happens when %K falls below %D, suggesting that momentum is shifting downward.
In addition to overbought/oversold and crossovers, the Stochastic Oscillator can identify divergence, which signals potential trend reversals. A bullish divergence occurs when the price makes a lower low, but the oscillator shows a higher low, indicating a weakening downward momentum. On the other hand, a bearish divergence happens when the price makes a higher high, but the oscillator makes a lower high, suggesting the uptrend might be losing steam.
While the Stochastic Oscillator can be powerful in range-bound markets, it can be prone to false signals in trending markets.
On-Balance Volume (OBV)
On-Balance Volume (OBV) is an indicator that tracks the flow of trading volume to assess whether buying or selling pressure is dominating the market. It was introduced by Joseph Granville in 1963, and its primary concept is that volume precedes price movements. This makes OBV a useful tool for analysing potential trend reversals. While the absolute value of OBV is not crucial, its direction over time provides insight into the market’s underlying sentiment.
OBV offers several key signals:
- Trend Direction: A rising OBV supports an upward price trend, indicating strong buying pressure, while a falling OBV reflects a downtrend with selling pressure.
- Divergence: Traders use OBV to identify a divergence between price and volume. If the price is making new highs while OBV is falling, it suggests a weakening trend, potentially signalling a reversal. Conversely, rising OBV with falling prices can hint at a potential bullish reversal.
- Breakouts: OBV can also be used to spot potential breakouts. For instance, if OBV rises while prices are range-bound, it may indicate an upcoming upward breakout.
However, like any indicator, OBV has limitations. It can produce false signals in choppy markets and is used alongside other technical tools, such as Moving Averages or support and resistance levels, to improve reliability.
Fibonacci Retracement
Fibonacci retracements are a technical analysis tool that helps traders pinpoint potential support and resistance levels during price fluctuations. The tool is based on the Fibonacci sequence, a series of numbers that produce key ratios like 23.6%, 38.2%, 61.8%, and 78.6%. These percentages represent levels where the price of an asset might retrace before continuing its trend.
Traders apply Fibonacci retracement by selecting two extreme points on a price chart, such as a recent high and low. The tool then plots horizontal lines at the Fibonacci levels, indicating possible areas where the price might pause or reverse. For example, in an uptrend, a price pullback to the 38.2% level could signal a buying opportunity if the trend is likely to resume.
Fibonacci retracements are often used in conjunction with other indicators, such as the MACD or RSI, to confirm signals and enhance reliability. While they provide valuable insight into potential turning points, it's crucial to remember that these levels aren't guarantees—prices may not always behave as expected at these points, especially in volatile markets.
How Traders Use Leading Indicators in Practice
Traders use leading indicators to gain insights into potential price movements before they occur, helping them position themselves early in a trend. Here’s how leading indicators are typically applied:
- Identifying Overbought or Oversold Conditions: Indicators like RSI or Stochastic Oscillator are used to spot extreme price levels. When these indicators signal that a market is overbought or oversold, traders analyse the situation for potential trend reversals.
- Combining Indicators for Confirmation: It’s common to pair multiple leading indicators to strengthen signals. For example, a trader might use both the RSI and OBV to confirm momentum shifts and avoid acting on false signals.
- Spotting Divergences: Traders look for divergence between an indicator and price action. For instance, if prices are rising, but the indicator is falling, it can suggest weakening momentum, signalling a potential downward reversal.
- Clear Entry and Exit Points: Leading indicators often provide clear entry and exit points. For instance, the Stochastic Oscillator signals a bearish reversal and entry point when it crosses back below 80, with traders typically exiting the trade when the indicator crosses above 20. Likewise, Fibonacci retracements can provide precise levels where a trend might stall or reverse.
Potential Risks and Limitations of Leading Indicators for Trading
While leading indicators offer valuable insights into potential price movements, they come with risks and limitations.
- False Signals: One of the biggest challenges is that leading indicators can generate false signals, especially in volatile markets. For instance, an indicator might signal a reversal, but the price continues in its original direction, leading traders to take positions prematurely.
- Limited Accuracy in Trending Markets: It’s common that in strong trends, such indicators remain overbought or oversold for extended periods, causing traders to misinterpret momentum.
- Overreliance on One Indicator: No single indicator is foolproof. Relying heavily on one without considering other factors can lead to poor decisions. Traders need to combine leading indicators with other tools like support/resistance levels or trendlines to validate signals.
- Lagging in Fast-Moving Markets: Even though they are called "leading" indicators, they can sometimes lag in rapidly changing markets. By the time a signal is generated, the opportunity may have already passed.
The Bottom Line
Whether trading forex, commodities, or the stock market, leading indicators offer valuable insights to help traders anticipate potential price movements. By combining these tools with a solid strategy, traders can better navigate market conditions. To start implementing these insights across more than 700 markets, consider opening an FXOpen account and take advantage of our high-speed, low-cost trading conditions.
FAQ
What Are the Leading Indicators in Trading?
Leading indicators are technical analysis tools used to determine potential price movements before they happen. Traders use them to anticipate market shifts, such as reversals or breakouts, by analysing price momentum or trends. Common examples include the Relative Strength Index (RSI), Stochastic Oscillator, and Fibonacci retracement levels.
What Are the Three Types of Leading Indicators?
The three main types of leading indicators for trading are momentum indicators (e.g., Momentum (MOM) indicator), oscillators (e.g., Stochastic), and volume indicators (e.g., On-Balance Volume). These tools help determine market direction by assessing price action or trading volume.
Is RSI a Leading Indicator?
Yes, RSI (Relative Strength Index) is a leading indicator. Considered one of the potentially best leading indicators for day trading, it measures momentum by comparing recent gains and losses, helping traders spot overbought or oversold conditions before potential reversals.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NQ Power Range Report with FIB Ext - 12/10/2024 SessionCME_MINI:NQZ2024
- PR High: 21482.00
- PR Low: 21458.75
- NZ Spread: 51.75
No key scheduled economic events
+240 point fade from ATH back near Friday's low
- Nearing QQQ 520 daily gap
- Holding auction at previous session lows
Session Open Stats (As of 1:15 AM 12/10)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 262.31
- Volume: 18K
- Open Int: 282K
- Trend Grade: Bull
- From BA ATH: -0.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22096
- Mid: 20954
- Short: 19814
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
