Bollinger Bands: Call and Put Cues

Bollinger Bands are a powerful tool for market analysis. Let's break down how to use them to make buying and selling decisions.

1. Call Cues
2. Put Cues
3. What are Bollinger Bands?

Call Cues

Price touches or breaks below the lower band.
This indicates a possible upward reversal, making it a good time to call.

Put Cues

Price touches or breaks above the upper band.
This indicates a possible downward reversal, making it a good time to put.

What are Bollinger Bands?

Bollinger Bands consist of three lines: the middle, upper, and lower bands. The middle line is a simple moving average, while the upper and lower bands show market instability.

Bollinger Bands are a simple and effective tool for market analysis. By using the call and put entry cues, you can make more informed decisions and improve your trading results. Try using them on the platform to trade more effectively.