The Trend line and Double Bollinger Band Setting (40 deviation 1 and 2) on Monthly Chart to Gauge Market Turning Point with Stochastic Confirmation. A Case Study of USDJPY


TRENDLINE
A trend line is established from Bollinger Band break out of upper or lower bands to the point of Break and retest of BMB.
A trend line is the line connecting the upper band breakout signal to the last bullish body on the retest of BMB before continuation signal. The spikes are not part of trend line but confirmation of FALSE BREAK OUTS. To continue reading click the link The Trend line and Double Bollinger Band Setting

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