Chart Decoder Series: Bollinger Bands – How to Trade Volatility Like a Pro

Description

Welcome back to the Chart Decoder Series, where we break down technical charting tools Bitfinex offers. So far, we’ve covered: Moving Averages (SMA & EMA) to spot trends and momentum Relative Strength Index (RSI) to identify overbought or oversold zones Moving Average Convergence Divergence (MACD) for timing entries and exits with trend shifts Now let’s dive into Bollinger Bands , a flexible tool that helps traders read volatility and spot extremes in price. What Are Bollinger Bands? Bollinger B...