$FIL 4 hours: After 3 days of narrow-range consolidation, the Bollinger Bands are expanding downward. The contraction itself doesn’t indicate direction. Once price moves outside the bands, whether it continues trading below the lower band matters more than the moment it breaks below. If you were in this situation, would you act or wait a little longer?
#FIL
For the record only—not investment advice.
#FIL
For the record only—not investment advice.