Trading Class

Markets › Crude oil › Bollinger breakout up

Commodities · indicator signal

Bollinger breakout up on Crude oil

On Crude oil the bollinger breakout up showed up 22 times. The target came first 41% of the time, the stop 50%, and 9% went nowhere within 12 candles.

Counted on Crude oil futures: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily1436%57%7%
Hourly850%38%12%

Crude oil against the rest

ChartsFoundTarget firstStop firstWent nowhere
Crude oil2241%50%9%
All Commodities charts8241%55%4%
Every market11,28739%58%3%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the bollinger breakout up is

After a tight squeeze, price closed above the upper band.

Squeeze a spring tight and let go, and it jumps. Bollinger Bands are lines that hug the price, getting narrow when things are calm and wide when things get wild. After a tight squeeze, a close above the top band is like the spring jumping up.

The full bollinger breakout up lesson, video and quiz ›

Other patterns on Crude oil

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Volume profile bounce · MACD bearish cross · Doji · MACD bullish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · all of them

The bollinger breakout up elsewhere

Gold · Sensex · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Ethereum

Questions

How often does the bollinger breakout up work on Crude oil?

In 22 cases on Crude oil, the target (1.5 × ATR) came before the stop (1 × ATR) 41% of the time and the stop came first 50%; 9% went nowhere within 12 candles.

What is the bollinger breakout up?

After a tight squeeze, price closed above the upper band.