Bollinger Bands Identifying a Very Loud Market
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Bollinger bands can be used to detect very loud movements of the forex market. In this video, we will see that when the Bollinger bands widen, it's sending a signal that there is high volatility going on. In contrast, when the Bollinger bands contract, it's a signal that the market is going quietly. This can definitely help confirm other technical analysis tools to strengthen the decision whether to enter or not to enter a trade.
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Bollinger bands can be used to detect very loud movements of the forex market. In this video, we will see that when the Bollinger bands widen, it's sending a signal that there is high volatility going on. In contrast, when the Bollinger bands contract, it's a signal that the market is going quietly. This can definitely help confirm other technical analysis tools to strengthen the decision whether to enter or not to enter a trade.
