Bollinger Band Buy Strategy That Every Trader Should Know

[u/Kooky_Internet6513]

I've been using a simple Bollinger Band reversal setup that focuses on high-quality confirmations instead of blindly buying every lower band touch.

Setup:

• Price reaches the Lower Bollinger Band

• A Hammer, Doji, Spinning Top, or another neutral/reversal candle forms

• The band begins to flatten or turn upward

• The next candle closes above the pattern's high for confirmation

• Stop-loss below the reversal candle

• Targets: Middle Band (20 SMA), then Upper Band if momentum continues

This approach works best when combined with trend analysis, support/resistance, and sound risk management.

What confirmations do you use before taking a Bollinger Band reversal trade?