Also, the Bollinger Bands can be specially used to confirm breakouts during the consolidation process. This chapter will tell you how to use the bollinger bands to spot the market and identify the possible entries and exists.
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Bollinger Bands
The Bollinger Bands is a channel composed of three lines: a simple moving average (middle band), an upper band and a lower band. It can be applied to determine the support and resistance level, and to anticipate market trends and trading opportunities.
Also, the Bollinger Bands can be specially used to confirm breakouts during the consolidation process. This chapter will tell you how to use the bollinger bands to spot the market and identify the possible entries and exists.
Also, the Bollinger Bands can be specially used to confirm breakouts during the consolidation process. This chapter will tell you how to use the bollinger bands to spot the market and identify the possible entries and exists.
