A squeeze on the Bollinger Bands could be happening in the coming days. This usually indicates consolidation, and an exit from such a pattern is generally explosive. You can see that it has already happened once on Pi.
So, a good squeeze on the BB followed by a breakout of the 'bounce zone' would be a strong long position, with a stop-loss (SL) around 1.6.
The previous analysis suggested a long position, but the price did not respond accordingly to the support, so I hope you didn’t enter a long position.
That's it for today. Have a good week, guys!
So, a good squeeze on the BB followed by a breakout of the 'bounce zone' would be a strong long position, with a stop-loss (SL) around 1.6.
The previous analysis suggested a long position, but the price did not respond accordingly to the support, so I hope you didn’t enter a long position.
That's it for today. Have a good week, guys!
Trade attivo
Look for a big movement, the BBs are starting to squeeze!Nota
The price has already closed above the BB, and a close above the bounce zone would be the perfect long entry. Wait a bit more.Ordine annullato
Well, the BB got broken in the opposite direction. No trade this time.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.