Unlock Forex Secrets: How Beginners Can Decode Market Moves Like a Pro!
Leading indicators, such as moving averages and relative strength index (RSI), are used to provide early signals about potential price movements and are particularly useful in trending markets. Lagging indicators, such as Bollinger Bands and moving average convergence divergence (MACD), are used to confirm trend direction and provide information about potential trend reversals. They are particularly useful in consolidating markets, where price movements are choppy and trends are difficult to identify.
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