The Bollinger bands are used to measure the market’s volatility. When the market is quiet, the bands contract; but when the market is LOUD, the bands expand. when the price was quiet, the bands were close together, but when the price moved up, the bands spread apart.
THE BOLLINGER BOUNCE
The Bollinger Bands occurs when the price tends to return to the middle of the bands.
Bollinger Squeeze
When the bands “squeeze” together, that’s mean a breakout is going to happen. If the candles start to move up to the band under the lower band, then the move will continue to go down
THE BOLLINGER BOUNCE
The Bollinger Bands occurs when the price tends to return to the middle of the bands.
Bollinger Squeeze
When the bands “squeeze” together, that’s mean a breakout is going to happen. If the candles start to move up to the band under the lower band, then the move will continue to go down
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