Question: What is a Bollinger Bands Line Crossing Signal?

Question: What is a Bollinger Bands Line Crossing Signal?

Answer

When the price crosses the upper line of the Upper Band, this is a signal that can be interpreted as a market leaving the overbought zone or a potential start of an uptrend.When the price crosses the lower line of the Lower Band, this is a signal that can be interpreted as the market leaving the oversold zone or the potential start of a downtrend.