Bollinger bands are a beneficial tool to find possible cost breaks, as well as serving as dynamic sign of support and resistance, and they can be utilized to show trends too. The following chart reveals how Bollinger Bands serve as dynamic levels of support and resistance, and how costs react to those levels going forward. On the far left
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With about $6 trillion traded daily on the Forex markets, the Forex markets are the most liquid markets in the world. As the biggest market in the world, bigger than stock markets or any others, there is high liquidity on the forex market. The large majority of trading activity in forex markets occurs amongst institutional traders, like those
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Bollinger bands are a beneficial tool to spot potential cost breaks, in addition to working as vibrant indication of support and resistance, and they can be used to show trends too. The first chart below displays 20 applied on the daily chart. The band indicator can be used on any timeframe or market, consisting of forex and also stocks. The
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Bollinger bands are a useful tool to identify prospective price breaks, as well as serving as dynamic indication of support and resistance, and they can be utilized to show trends too. The following chart reveals how Bollinger Bands serve as dynamic levels of support and resistance, and how prices react to those levels going forward. On the f