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Professional traders observe the performance to reach or move along above the middle band and the first low but continues may be losing force.
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Professional traders observe the performance to reach or move along above the middle band and the first low but continues may be losing force.
These bands serve as dynamic levels of support and resistance, offering insights into price movements and volatility. Trend Confirmation. For example, when an asset is overbought, a trader may consider selling the asset or taking a short position. Bollinger Squeeze.
