forex

Bollinger Bands and Stochastic Reversal Trading Strategy 💡

Bollinger Bands and Stochastic Reversal Trading Strategy. PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE This is a nice strategy.It was claimed to be a swing trading strategy but to me it has more similarities to day trading.The idea of the strategy is to utilise Bollinger Bands and Stochastics.Criteria as follows:1) The price must be touching or above the upper Bollinger Band.2) Stochastics must be in an overbought condition.3) You must have a reversal candle at that point.You could tailor this strategy according to what you expect the price to do in particular the stakes (risk) you want to take and stop placements.The general idea of this trade is that you're looking for a reversal; you've got the overbought condition, flush, exhaustion and the candlestick pattern to get in.You could end up with a gem of a trade that gets you in on Day 1 or Day 2 of a big trend reversal.Related VideosHow to Use Bollinger Bands to Pinpoint Support and Resistance LevelsConfluence for High Probability TradesBands and Stochastic Reversal Trading Strategy 💡from the Bollinger Band Squeeze Strategy 🤛Bollinger Bands Bounce Trading Strategy ⛹🏽‍♂️Bands Pivot Confluence Trade 💡

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