Patterns › Bollinger breakout down
Indicators
Bollinger breakout down
After a tight squeeze, price closed below the lower band.
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 133 | 37% | 61% | 2% |
| United States | 159 | 35% | 64% | 2% |
| Japan | 93 | 36% | 61% | 3% |
| Crypto | 1,844 | 42% | 55% | 3% |
| Forex | 200 | 42% | 56% | 2% |
| Commodities | 70 | 40% | 56% | 4% |
Counted on real past charts by the Trading Class research engine, 2,499 cases in all. Past odds, not a forecast.
How to practise it
The bands were squeezed. Buy, sell, or wait? In the app, 36 real examples of the bollinger breakout down wait for you across 6 markets, and you say what happened next before the chart shows you.
Lesson: Bollinger Bands and the squeeze.
Related
RSI oversold bounce · RSI overbought drop · Stochastic bullish cross · Stochastic bearish cross · Golden cross · Death cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross