I have to take Bolli Bands trades if they set up but this was not a good one:
- PA into it was stair step, drfiting downwards and energyless
- The level had been traded multiple times during the session
- The bands were compressing – around 20pts upper to lower – so a poke outside the bands is maeningless.
This is a trade later in the same session that went off like a rocket. There were compressed bands here too, but they were also a different shape.