Patterns › Bollinger breakout up
Indicators
Bollinger breakout up
After a tight squeeze, price closed above the upper band.
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 178 | 46% | 53% | 1% |
| United States | 202 | 39% | 57% | 4% |
| Japan | 94 | 43% | 55% | 2% |
| Crypto | 1,783 | 40% | 57% | 3% |
| Forex | 204 | 45% | 50% | 5% |
| Commodities | 65 | 42% | 55% | 3% |
Counted on real past charts by the Trading Class research engine, 2,526 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 up 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