Using Bollinger Bands indicator we have : - W1 in range, top part of the range, bias is bearish - H4 bearish Break out (a bit late, but confirmed)
Using Bollinger Bands indicator we can see : - W1 Bullish Bias - H4 Bullish Break out
Using Bollinger bands as the main indicator we have : - W1 Bias is bearish, phase 3 (smaller risk) - H4 bearish Break Out
Using Bollinger Bands as main indicator we have : - W1 Bias is still bullish, Phase 3, reduced lot size - H4 nice bullish Break Out
Using Bollinger Bands as main indicator we have : - H4 bullish break out - W1 bias is bullish
Using Bollinger Bands as evaluation tool: - H4 clear bearish break out - Bias on W1, and W1 is bearish
Based on Bollinger Bands: - W1 is bullish (phase 3) - H4, Bullish Break Out
Using Bollinger Bands as a trend/momentum indication. W1 Bias is bullish, as we're in phase 2/3 H4 has a bullish BO, of a nice long range.
W1 Bias is still bearish, as Bollinger Bands are in phase 3. H4 BO, downward, in the direction of the bias.
Using Bollinger bands as indicator of movement strength. W1 is bullish, as bollinger bands are still in phase 3 H4 as a BO signal.
Same pattern: - W1 Bearish as it broke the low of its previous range - H4 Break out of forming range downward
Using Bolling Bands as the sole guide. W1 - top of range, good place to short H4 - Break Out of a well defined range
Usual suspects, BBands to find range definition on HTF -> W1 Breakout on H4, nice big candle. Bias was bearish because we were on top of the range.
H4 Bearish BO at top of W1 range. --- DMT Cycle to check if a real BO or not BBands to check for range.