BOLLINGER BANDS TRADING STRATEGY: HOW TO BUY LOW AND SELL HIGH

Trading Strategy for Bollinger Bands: How to Buy Low and Sell High

Bollinger Bands trading strategy: How to buy low and sell high

If you want to have a higher probabilityof success, then you’ll need a few confluence factors coming together before you trade the bands.

FOR EXAMPLE:

Look to long the lower band in an uptrend (and vice versa)

Reversal candlestick patterns that show signs of reversal

The outer bands coincide with Support and Resistance

Look at the chart for example:- Bollinger Band that coincides with Support, and it formed Bullish Engulfing pattern.

Also You can adjust your Bollinger Bands settings to 3 standard deviation (or higher) to identify even more overbought/oversold levels to trade off.