[Advice from a bored full-time trader] Bollinger Bands
Today I will talk about the Bollinger Bands.
Next is the Bollinger Bands on the pound-yen daily chart.
There are occasional expansions (bands widening up and down), but the middle band is angled to the downside, a gentle downward slope.
In this kind of state, there is a high probability that the exchange rate will oscillate between the area near the middle band and the lower band. More precisely, assuming that such a behavior forms this shape and that the state will continue, a high-probability trade becomes possible under this premise.
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