BB is a strong indicator, which can be quite good.
It is best to use combined with other indicators.
Follow the numbers, down and up arrows to see how BB works.
2, 3.4, hour and day is very bullish.
1 hour says we can get a dipp.
Have you seen Bear Flag in 1 hour?
BB is like a rubber band, if it goes over the edge, it quickly returns
I think is best to use stoch rsi with Boillinger Band
Note
See also where I have put the 3 arrows. There you can see that rsi and BB is failing, but on a shorter time fram 1 hour its ok
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.