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Topic: Tips for beginner in trading (Bollinger Bands Indicator) (Read 96 times)

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This is for newbies in trading,
Bollinger Bands can help you analyzing the chart, as you can see there is a lower and upper band this very simple to understand, if candle reached above upper Band it means its overbought and if it falls below lower band its Oversold. i suggest to use higher timeframe for accurate result,, maybe this is not 100% happening in market but if Traders follow this indicators then chart will follow,, Smiley
most of the exchange site has this indicator, and also add some trend lines,, Smiley
Good luck on your trades guys.




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