The width of the Bollinger Bands indicator exhibits a characteristic where the distance between the upper and lower bands narrows when the price adjusts, indicating the emergence of a new trend; when the price fluctuates violently, the distance between the upper and lower bands widens, indicating that the current trend is about to end.
There is a viewpoint in the market that the price itself does not have a cyclical tendency and cannot be predicted, but the price volatility does have cycles and can be predicted. We believe that prices follow a so-called non-cyclical cycle, which can be predicted to some extent, but cannot be predicted with precision.
Price movements have fractal characteristics, and they do not unfold in a simple cyclical form.
