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Bollinger Bands Practical Tips: Spot Buy and Sell Points at a Glance!
Tip 1: When the three Bollinger lines are trending upward, buy at the middle band and sell at the upper band.
Tip 2: When the three Bollinger lines are trending downward, buy at the lower band and sell at the middle band.
Tip 3: When the three Bollinger lines are flat, buy at the lower band and sell at the upper band.
Tip 4: When the three lines are opening downward, the stock or futures may decline.
Tip 5: When the three lines are opening upward, the stock or futures may rise.
Tip 6: When the three lines are converging, observe and wait for a clear direction.