How to use "Bollinger Bands" indicator

Hey everyone! We have guide to help learn "Bollinger Bands" indicator. This indicator work all type of trade example intraday,swing trade ,BTST trade,weekly trade,Long side trade.

What is a Bollinger Bands?
A Bollinger is techanical analysis tool and you apply this tool price chart three lines that compose .one simple moving average (middle band) and other upper and lower bands typically 2 standard deviations +/- from a 20 day simple moving average

what do Bollinger bands Tell You?
This total highly popular and many people believe this indicator
Price move to the upper band ,the more case 70 to 80 percent overbought and closer price move the lower band this case oversold the market

Upper Bands Bollinger Band ssee chart nifty 50 daily time frame 19 oct 2021 price face resistance and go down side and big fall

Lower Range Bollinger bands see chart nifty 50 daily time frame 29 jan 2021 price go down side lower band and support move upward.(lower band work support zone)

Narrow Range Example bollinger Bands See chart Nifty 50 daily time 28 july 2021 Bollinger band Narrow range this case go upside the breakout upside and price go down side to breakdown chart

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Bollinger bands Narrow Range breakdown trend change see this chart 5 minute intraday trade

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Bollinger Bands support Lower bands and bounce market see this chart 5 minute time frame intraday trade

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upper bands price strike and change in direction see the stock

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This case Bollinger band not work

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upper band not price face resistance face but not go down

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my view Bollinger band lagging indicator this work price .i suggestion all viewer work price (Price is God of Market)

What view about Bollinger bands comment me and your comment in read remove mistake in bollinger bands explaination?

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Elliot_HarishRao
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