NZDUSD Sell Breakout Bollinger Band Bounce
With a set of Bollinger Bands with the Settings of
Period: 10
Deviation: 1.500
Shift: 0
Apply to: Close
EMA: 8
Shift: 0
Method: Exponential
Apply to: Close
Color: Red
EMA: 21
Period: 8
Shift: 0
Method: Exponential
Apply to: Close
Color: Green
When on the 1hour and 4hour time frame a candle stick touches the upper or bottom Bollinger band bounce and touch the middle Bollinger bang you have a good chance price will return and break through for longer shorts or buy at the market. use proper risk management and place stop loss at the session high!
Period: 10
Deviation: 1.500
Shift: 0
Apply to: Close
EMA: 8
Shift: 0
Method: Exponential
Apply to: Close
Color: Red
EMA: 21
Period: 8
Shift: 0
Method: Exponential
Apply to: Close
Color: Green
When on the 1hour and 4hour time frame a candle stick touches the upper or bottom Bollinger band bounce and touch the middle Bollinger bang you have a good chance price will return and break through for longer shorts or buy at the market. use proper risk management and place stop loss at the session high!