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Weak vs. strong 3Min Bolli Band setups

< 1 min read

There is a world of difference between a trade at a level that has already been hit and bands that are opening up (indicating a new trend) and fast move into a KL for the first time that session – and if the BBs are horizontal then so much the better.

This is a weak setup because the bands are opening up and the level has already traded many times this session – there is no need for the market to reverse here.

And here is  the ideal case – a very strong setup which saw 14R

A big green candle heads into my level and stops dead. It’s a new HOD and the market is in no doubt that that’s it for the bulls today.

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Weak vs. strong 3Min Bolli Band setups
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