What is a boillinger squeeze

A Bollinger Squeeze is a technical trading pattern that occurs when the Bollinger Bands®, a tool used in technical analysis, are far apart, indicating high volatility. As the bands get closer together, it suggests a decrease in volatility. A Squeeze is triggered when volatility reaches a six-month low. This pattern can help traders identify breakouts, as it indicates that the market is about to experience a change in volatility. The Bollinger Squeeze is a popular strategy among traders looking to take advantage of potential price movements.