Bollinger Bands Trading System Practical Teaching
This round is a big rebound from the weekly lower band 745
After hitting the lower band spike, it directly starts to rise sharply; from a weekly perspective, the difference from the last time is that there were no repeated second and third tests.
So the first target is at least the weekly upper band 108
After pulling to 978, due to the large increase, there was a twelve-hour lower band pullback to 933
After reaching the twelve-hour lower band, continue to rebound up to 1058
The twelve-hour level is also a large-scale rise; if optimistic about the continuation, then the next pullback at most is a six-hour pullback, after hitting the lower band, make further upward movements, continue to look at ten thousand points.
After six hours of convergence, it drops down, probably around 101; last night it also tested the bottom in advance, but it still needs to test once more to solidify the lower band.