#candlestick_patterns
🔥Candlestick Structures & Basics | Candlestick patterns, Trading charts, Candlesticks🔥
Bollinger Bands.
Bollinger Bands are a technical analysis tool created by John Bollinger in the 1980s. They consist of three lines: the middle band, which is a simple moving average (SMA) of a security's price; and two outer bands, which are typically two standard deviations away from the SMA. This configuration provides a detailed view of the market's volatility and price levels.
