The current BB range is 400 to 500 which is a 20-25% volatility range in the 3 Standard Deviations. The price is almost in middle of it. It is above the 21 EMA which serves as the basis.
The RSI is above 50 and just above the MA.
Anything can happen. It can fall down all the way to 400 or it can shoot up all the way to 500 in just a couple of days.
I have a buy position already but I need to be cautious and continuously monitor it as the volatility is high.
It would be better to monitor it on an hourly basis and focus on the RSI Channel.
Once its broken, We can move to a daily time frame and make hold vs exit decision.
註釋
~ Trading Idea by Dr. Sagar Bansal via jyotibansalanalysis免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。