Hi Rahul,
Good chart.I usually make one suggestion always, see the chart as squarer as
possible.Earlier I used to get losses like as mentioned you,which necessitated
me to introduce BB(20,1) which reduced losses to great extent.But always
remember,
5.In case of extreme Bullishness/extreme Bearishness another
pair is used pertaining to BB(20,1) or just for guidance in normal case also.
6.If candles are sandwiched between OUTER of BB(20,1) and INNER band
BB(20,2) then ride the trend .
I am attaching your chart on a square frame ,where I indicated IDEAL trades.
By introducing another Bollinger Band BB(20,1) atleast you can minimize the losses.
Because you can identity "V" and "inverted V" in a better way.
Good chart.I usually make one suggestion always, see the chart as squarer as
possible.Earlier I used to get losses like as mentioned you,which necessitated
me to introduce BB(20,1) which reduced losses to great extent.But always
remember,
5.In case of extreme Bullishness/extreme Bearishness another
pair is used pertaining to BB(20,1) or just for guidance in normal case also.
6.If candles are sandwiched between OUTER of BB(20,1) and INNER band
BB(20,2) then ride the trend .
I am attaching your chart on a square frame ,where I indicated IDEAL trades.
By introducing another Bollinger Band BB(20,1) atleast you can minimize the losses.
Because you can identity "V" and "inverted V" in a better way.
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