Comment on Indicators (Part 2)

chidambaram commented on 04 Jan 2018, 07:54 AM

Hi Sir,
You have explained that,in Bollinger bands , if the price touches the Upper or lower band then it is expected to move to average.But my doubt is, what if the CMP is above the Upper band/ CMP is below the lower band (mean if the price has breached the bands),still is it expected to return to average or it would drift the same direction?

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