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TA Challenge: Breakout? Reversals? How to use Bollinger Bands?
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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
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