This is from Jimmer on band entries.
1. If price touches a rising lower bb (long) or a falling upper bb (short) in the traded time frame, that is a safe entry point.
2. If price touches a lateral (flat) bb and is
also touching (or nearly touching) a lateral bb in a higher time
frame, that is safe entry for trade in opposite direction.
|Band Cycle Setups|
|Buy 1||triple mid-band signal area|
|Buy 2||mid-edge (bottom) band buy area|
|Sell 3||triple edge (upper) band sell area with long term edge band (upper) failure|
|Buy 4||double mid-band buy area|
|Sell 5||triple mid-band sell area|
|Sell 6||double mid-band sell area|
|Sell 7||mid-edge (lower) band sell area|
|Buy 8||double-edge (lower) band with major edge band (low) mid-band intermediate buy area|
|Buy 9||triple edge (lower) band buy|
|Buy 10||triple mid-band buy signal area|
|Buy 11||is shaping up for a edge band (upper) double mid-band sell area|
|Buy 12||could be any combination with major mid-band support area for a buy signal|