Technical analysis
Bollinger Bands
Bollinger Bands frame price with a moving average and two bands that widen or narrow with volatility.
Bollinger Bands frame price with a moving average and two bands that widen or narrow with volatility.
When the bands tighten, volatility is low and a strong move is often brewing. When price touches a band, it is far from its average: not a signal on its own, but a useful marker.
The bands tighten sharply for days, then price breaks out abruptly to the upside.
Understanding a term is good. Applying it on a real platform with a clear method is better. That is exactly what we do in 5 days.