Bollinger Bands Commodities Trend Reversals

A Commodities trader should wait for the commodities price to turn in the opposite direction after touching one of the commodity Bollinger bands before considering that a commodity reversal is happening.

Even better a commodity trader should see the commodities price cross over the moving average.

Double Bottoms Commodities Trend Reversals

A double bottom is a buy commodity signal setup. Double tops occurs when commodities price action penetrates the lower Bollinger band then rebounds forming the first commodities price low, then after a while another commodities price low is formed, and this time it is above the lower Bollinger band.

The second commodities price low must not be lower than the first one and it important is that the second commodities price low does not touch or penetrate the lower Bollinger band. This bullish commodities trading setup is confirmed when the commodities price action moves and closes above the middle band (simple moving average).

Double Bottoms - Bollinger Bands Commodities Trend Reversals Trading Strategy Using Double Bottoms Commodities Trading Chart Patterns

Double Tops Commodities Trend Reversals

A double top is a sell commodity signal setup. Double tops occurs when commodities price action penetrates the upper Bollinger band then rebounds down forming the first commodities price high., then after a while another commodities price high is formed, and this time it is below the upper Bollinger band.

The second commodities price high must not be higher than the first one and it important is that the second commodities price high does not touch or penetrate the upper Bollinger band. This bearish commodities trading setup is confirmed when the commodities price action moves and closes below the middle band (simple moving average).

Double Tops - Bollinger Bands Commodities Trend Reversals Trading Strategy Using Double Tops Commodities Trading Chart Patterns