There is also gravity on the moving average line
I said that Bollinger Bands have pull when viewed previously,
there is also pull on the moving average.
And it often rebounds there as well.
This is the famous Granville's Law.
But if you recklessly bet on rebounds there, you will lose in the long run.
The same applies to Bollinger Bands.
Why does it rebound on the moving average
and why do some rebounds end up being a deception…
Let's maintain a thoroughly skeptical mindset.
N-Method is here
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