What are Bollinger Bands (BOLL)?
Think of BOLL like a rubber band around the price – it stretches when the market is wild and shrinks when things calm down.
📊 It has 3 lines:
Middle Band = Simple Moving Average (SMA)
Upper Band = Resistance
Lower Band = Support
When the price touches the lower band, it might bounce up.
When it hits the upper band, it could pull back.
Narrow bands = 🔥 Big move coming!
🎯 Try this now:
Open any chart and turn on BOLL – is the price near the band?
Comment below: Bounce or Breakout 🎯🎯🎯🎯
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