Range-bound markets are boring until they aren't. $USDTRY has spent the better part of July 2026 inside the tightest Bollinger Band width it

Range-bound markets are boring until they aren't. $USDTRY has spent the better part of July 2026 inside the tightest Bollinger Band width it's printed in six months. For mean-reversion traders, that compression is a signal, not a nuisance. When volatility contracts inside a defined range, the energy builds in one direction, and the breakout - when it comes - is often explosive enough to cover the spread and then some.Reading Bollinger Band compressionA Bollinger Band squeeze happens when the upper and lower bands narrow to their tightest point in the lookback period. On $USDTRY, the 20-period, 2-standard-deviation bands on the...