Technical note on bollingers

Bollinger bands measure volatility of the market; good indication that Bollinger himself teaches is what I like to call the Bollinger reversal. This is simply when Bollinger Bands are broken then price makes a double bottom, but the key is that the second bottom is inside the bands rather than outside. To confirm the second bottom is imperative to use stochastics or another indicator in conjunction.

To stretch your brain a bit lets reverse the theory. Since it simple states that price should make a double bottom inside the band, what if the theory is setting up perfectly but support is broken inside the band, hey that sounds like a definition of a continuation, use this idea to identify continuation patterns.