[Advice from a bored full-time trader] Bollinger Bands
Today I will talk about Bollinger Bands.
Next is the Bollinger Band on the GBP/JPY daily chart.
There are spots where it expands (the bands widening up and down), but the middle band is sloping gently downward.
In this kind of state, the probability that the currency value will move back and forth between around the middle band and the lower band increases. More precisely, if you assume that such behavior forms this shape and that the state will continue, then high-probability trades become possible under that assumption.
[Attack is the best defense] N-Method is here↓↓
https://www.gogojungle.co.jp/tools/ebooks/22300
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