Hi guys.
OK so I'm new and really trying to learn.
I've been reading/studying about Bollinger Bands.
Now am I right in thinking that in this image here:
The bands are saying that it's likely to go downwards, as the lines are pointing downwards? So I am best off placing my investment on PUT?
Please forgive me, I'm really new to this, might sound like a stupid question but I am really trying to learn.
Thanks for any advice in advance.
OK so I'm new and really trying to learn.
I've been reading/studying about Bollinger Bands.
Now am I right in thinking that in this image here:
![GOvqwhA.jpg](/proxy.php?image=http%3A%2F%2Fi.imgur.com%2FGOvqwhA.jpg&hash=3eee80a494f1852a56ef334215e84750)
The bands are saying that it's likely to go downwards, as the lines are pointing downwards? So I am best off placing my investment on PUT?
Please forgive me, I'm really new to this, might sound like a stupid question but I am really trying to learn.
Thanks for any advice in advance.