The calm state in the markets does not last for long periods. When the two ends of the Bollinger Bands indicator come close to each other, it means that the market is preparing for a significant and rapid movement.
🚀 Anticipate these movements.
How to use the Bollinger Bands indicator to monitor these movements:
1️⃣ Squeeze of the indicator (Bollinger Bands Squeeze) – Convergence of the two ends: indicates a decrease in market volatility.
2️⃣ Horizontal ends: reflects sideways movement – no clear trend.
🔼 Bullish Squeeze Signal
When the price is ready to surge upwards:
✅ Wait for a bullish candle to close above the upper Bollinger Bands 💥
🎯 Buy: above the peak of that candle.
🛑 Stop loss: below the range of sideways movement.
🔽 Bearish Squeeze Signal
When the price is heading downwards rapidly and sharply:
✅ Wait for a bearish candle to close below the lower Bollinger Bands 🚨
🎯 Sell: below the bottom of that candle.
🛑 Stop loss: above the range of sideways movement. Don't forget to like and follow to receive all useful information $BTC $ETH $XRP #BTCBreaksATH #ETHBreaks3k #ShariaEarn #TrendTradingStrategy
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