Bollinger Bands is one of many chart indicators used for technical analysis. Used by traders in multiple markets like stocks, futures, and even currencies. Its main purpose is as a trend-following tool and monitoring breakouts.
But when combined with Engulfing strategy, you’ll find it to be slightly different with:
✔Find an occurrence of the bullish Engulfing candlestick pattern within Bollinger Bands
✔Controlling the risk-reward ratio
✔Setting up a stop-loss for automatic exits
Are you ready to trade using BB plus Engulfing? Mr. Ery will guide you from start to finish this 28th July at 8.30 PM only at Zoom!
For more tips and secrets about trading, join our telegram channel OfficialXeroAcademy!