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Posting few charts in this thread explaining-
#HeadFake
#BB trap
#Bull/Bear trap
Using #Bollinger bands.
Concept learned from d book Bollinger on Bollinger bands by John Bollinger.
Will suggest to read over this weekend! ImageImageImageImage
β€œhead fake.” This occurs when prices break a band, then suddenly reverse and move the other way, similar to a bull or bear trap. ImageImageImageImage
Tomorrow, I Will share few more learnings about Bollinger bands.
Till then enjoy the weekend!πŸ˜ƒπŸ€— ImageImageImage
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