English
Back
Download
Log in to access Online Inquiry
Back to the Top
TA Challenge: Breakout? Reversals? How to use Bollinger Bands?
Views 332K Contents 142

Recognize patterns with Bollinger Bands like a pro, 2nd Part TA Challenge?🤨

Wow, impressive ! @Meta Moo once again has outdone it .
You may wanna read 📚 up on @Meta Moo post :
Meta Moo :How to recognize patterns with Bollinger Bands like a pro?

He's classified it into 6 pointers:
The Bollinger Bounce
Bollinger Squeeze
Breakout
Reversal
Double Bottom
The Classic M Top

Of course, u have to wear spectacle 👓 when u are studying or teaching together .
(BS = it makes u look smarter. U can feels
the energy )

OK, let's applied what we learned from @Meta Moo with our dear $Tesla (TSLA.US)$ Stock .
What happened to u Tesla ?! I thought we're reaching the moon 🌙. Welp no worries = DCA (a chance).


The Bollinger Bounce
See 👀, the blue circle... our Tesla is very stubborn, bounce back down from 1243.49 USD (Highest record so far/Upper band) as shown in the below picture 📸 (or should I says short sellers?)
Recognize patterns with Bollinger Bands like a pro, 2nd Part TA Challenge?🤨
Bollinger Squeeze
Look 👀, the squeeze at the upper band & we're moving up 🌙 as show in below picture.
Recognize patterns with Bollinger Bands like a pro, 2nd Part TA Challenge?🤨
Looking 👀 at another scenario, the squeeze at the lower band. Oh dear, we are being squozen . (Relax, it's 2016 )
Recognize patterns with Bollinger Bands like a pro, 2nd Part TA Challenge?🤨
Breakout
See 👀 that the candles cross the pink line ? We're breaking out , we are going up 🌙 ?
Recognize patterns with Bollinger Bands like a pro, 2nd Part TA Challenge?🤨
Reversal
Another pattern 👀,  a reversal as shown in the below blue circle.
Hitting back to T1 (pink line) & then T2 (lower band)+.
Recognize patterns with Bollinger Bands like a pro, 2nd Part TA Challenge?🤨
Double Bottom
From the below picture, we can see the double bottom where it hit the lower band twice (the W shape?)
Recognize patterns with Bollinger Bands like a pro, 2nd Part TA Challenge?🤨
Nope, NOT "W" shape .
This looks better :
Cybertruck 🛻
Recognize patterns with Bollinger Bands like a pro, 2nd Part TA Challenge?🤨
The Classic M Top
Wow look 👀!  A Classic M Top where it hits the upper band twice as shown in below picture.
Dam, something like cheating our feelings +.
Recognize patterns with Bollinger Bands like a pro, 2nd Part TA Challenge?🤨
Conclusion:
Welp, I guess I'm a "pro" now after learning from @Meta Moo +.

It may not be the best chart, but I guess it should do . (Not like @Meta Moo , surprises , cropped & let u guess what's next.)

DYODD before investing

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
2
3
+0
7
Translate
Report
33K Views
DYODD before investing 👌
3213
Followers
18
Following
4216
Visitors
Follow

Market Insights

Market Hot Picks Market Hot Picks
Unlock Now

Reassessing Chinese Assets

Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.