February 1 (Wednesday): USD/JPY
Good evening?
To everyone who uses Bollinger Bands.
If the rate surges or plunges, please check the Bollinger Bands on each time frame afterward as well.
Surely, on some time frame, it will align with the properties of Bollinger Bands.
If you understand the Bollinger Band shapes on higher time frames, you won’t panic even if there’s a sudden move.
When analyzing, always start with the higher time frame!
Recently, because the weekly waveform isn’t clear, I’m looking from the monthly, but
basically I’d like you to view it from the weekly time frame.
No matter what kind of short-term trader you are, I believe you should firmly keep in mind the weekly → daily → 4-hour timeframe, and then trade on the 1-hour or the [X-minute] chart.
(※ from here on, environment recognition is limited to members.)
