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<p id="isPasted">A Pips Envelope Indicator, or Envelopes Indicator, is a technical analysis tool that plots upper and lower bands around a price chart, creating a channel or envelope. It helps traders identify potential trading opportunities by determining overbought and oversold conditions, trend direction, and support/resistance levels. The indicator is based on moving averages and builds a dynamic range within which price is expected to fluctuate. </p><p><br></p>
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