$AGT 4 The 4-hour Bollinger Bands have broken upward after narrowing for 4 days.
A breakout on the 4-hour chart is mostly a battle among short-term traders. It often moves fast—and fades just as fast.
To judge whether buyers are really pushing prices higher, I look at two things: whether volume is picking up, and whether prices can hold above the upper band.
Cast your vote in the comments: bullish or bearish?
In a highly volatile market, manage your risk first.
A breakout on the 4-hour chart is mostly a battle among short-term traders. It often moves fast—and fades just as fast.
To judge whether buyers are really pushing prices higher, I look at two things: whether volume is picking up, and whether prices can hold above the upper band.
Cast your vote in the comments: bullish or bearish?
In a highly volatile market, manage your risk first.