Breaking It Down:The Band Squeeze Breakout
Lesson: The Bollinger Band Squeeze
GDX (2019 trade) band squeeze gap out. A band squeeze is based on the idea that low volatility leads to high volatility.
A Bollinger Band Squeeze happens when the Bollinger Bands narrow due to reduced market volatility. This condition often precedes a significant upswing or downturn in the market. To use this strategy effectively, you must:
Set up the in…