Bollinger Bands Stocks Price Action in Trending Stocks Markets
Bollinger Bands stocks indicator is used to identify and analyze trending stocks markets. In a trending stocks market this stocks indicator clearly shows up or down direction.
Bollinger Bands stocks indicator can be used to determine the direction of the Stocks trend. In an upward stocks trend Bollinger Bands stocks indicator will clearly show the direction of the trend, it will be heading upwards and stocks price will be above middle Bollinger.
In a downward stocks trend the stocks price will be below the middle band the bands will be heading downwards.
By observing the Bollinger bands stocks indicator patterns formed by Bollinger bands a stocks trader can determine the direction in which the stocks market is likely to move.
Bollinger Bands Stocks Indicator Patterns and Continuation Stocks Signals
Stock Upward Trend
- During an upswing, the stocks candlesticks will stay within the upper Bollinger band the central moving average.
- Stocks Prices that close above the upper band are a sign of bullish continuation stocks signal.
- Stocks Prices can hug/ride the upper band during an upward stocks trend
Upward Stocks Trend Trading Strategy Using Bollinger Bands Stocks Strategy
Stocks Downward Trend
- During a down swing, the stocks candlesticks will stay within the moving average and the lower band.
- Stocks Prices that close below the lower band are a sign of bearish continuation stocks signal.
- Stocks Prices can hug/ride the lower band during an downward stocks trend
Downward Stocks Trend Trading Strategy Using Bollinger Bands Stocks Strategy
