Using Leading indicators to predict direction.
I am new to this platform and don't really know how to post/share charts that are running on my platform. This chart is a simple representation of how a leading indicator can be used to predict a direction for the EUR.USD pair even when it goes against most technical indicators. The overall direction shown here is based on 2 pieces of information. 1) The leading indicator that shows the direction which I tried to show by drawing an arrow. 2) fractals that show the built-up of strength in the ticks that are coming in. My system is showing an increase in fractals, which is why I am assuming that the first deviation while acting as resistance (assuming the fractals keep building up) should break; and a move upwards for the EUR.USD pair will continue. Looking at the deviation on the day chart, it's possible that this may carry all the way up to 1.1069. (while trading it's as simple as keeping an eye on the fractal build-up).
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