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Bollinger Bands Trading Strategy Summary

The Bollinger Bands indicator is a popular tool in technical analysis and can be utilized in multiple ways.

However, like many indicators, you shouldn't use it by itself. Bollinger bands are most useful when used with indicators and oscillators that show overbought or oversold conditions.

Given that the Bollinger Band relies on price variability to ascertain market trajectory, technical instruments that replicate this specific assessment should be avoided. Instead, the Bollinger Bands indicator is best paired with trading tools that measure transactional volume or underlying market energy.

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