Bollinger Bands FX Method View Dollar/Yen March 9

How to Read Bollinger Bands: USD/JPY Monthly Chart (Forecast for Next Week)

Regarding how to read Bollinger Bands for USD/JPY on the monthly chart, the current price is moving between the red middle band (20 MA) and +1σ, and because the candlestick is bearish, it suggests that the upward trend has somewhat stalled compared to last month's bullish candle. Additionally, with a long upper wick and more than half of the candle retraced, it seems the upward trend is losing its momentum.

What are the next week's forecasts for Bollinger Bands on the weekly and daily charts? What is the FX method using Bollinger Bands? Practical records are also published! Continue here