With a set of Bollinger Bands with the Settings of Period: 10 Deviation: 1.500 Shift: 0 Apply to: Close
EMA: 8 Shift: 0 Method: Exponential Apply to: Close Color: Red
EMA: 21 Period: 8 Shift: 0 Method: Exponential Apply to: Close Color: Green
When on the 1hour and 4hour time frame a candle stick touches the upper or bottom Bollinger band bounce and touch the middle Bollinger bang you have a good chance price will return and break through for longer shorts or buy at the market. use proper risk management and place stop loss at the session high!
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