Let me share with you the martial arts secret manual
【Bollinger Band Trading Methodology】
1. The middle band should be less when pointing up; K-line foot stepping on the middle band,
actively bullish to make money
2. If the K-line is pressed by the middle band, short positions must be taken early
3. If the middle band is pointing down, do not mess around with long positions
4. Bollinger can be divided into high and low, with the lower band as support and the upper band as resistance
Dropping to the lower band is a low point, price easily declines from the upper band
5. Pay attention to judging highs and lows; one-sided rises and falls are not suitable
6. Strong downward and upward trends, K-line floats outside the upper band
At this time, it is called strong
7. Strong upward trends should enter quickly; patiently hold long positions and do not close the position
8. K-line breaks through the upper band; this is the closing point for long positions
9. K-line breaks below the lower band; at this time, it is called strong downward trend
10. The lower band can't suppress the K-line, price will break through the lower band
11. Bollinger can identify trend changes, the channel changes from wide to narrow
12. Price chooses a new direction; Bollinger will definitely open its mouth
13. K-line follows the upper band, do not wait for long positions anymore
14. The lower band leads the K-line down; short opportunities will not come again
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