📊 Bollinger Bands — the market is breathing. Have you caught its rhythm?
The Bollinger Bands indicator consists of three lines:
🟢 Moving Average (usually 20 SMA)
🔵 Upper Band (plus deviation)
🔴 Lower Band (minus deviation)
🔍 What does this provide the trader?
If the price "shoots" above the upper band — the market is overheated, a pullback is possible.
If the price drops below the lower band — the market is oversold, an upward correction is possible.
When the bands narrow — expect strong movement (volatility is "coiling up").
When they widen — the movement gains strength!
📈 In combination with RSI or candlestick analysis, it provides excellent entry points.
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🧠 Tip: don’t guess — measure! Indicators like Bollinger help read the market's mood without emotions.
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