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What is Island Reversal Pattern in Technical Analysis ??

âś… Bullish Island Reversal
âś… Bearish Island Reversal

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Island Reversal Pattern

• One of the commonly occuring chart pattern

• Occurs when 2 different gaps isoates a buch of candles either in the top or bottom of the trend

• It’s a Trend Reversal Pattern
Island Reversal Pattern• One of the commonly occuring chart pattern• Occurs when 2 different gaps isoates a buch of candles either in the top or bottom of the trend • It’s a Trend Reversal Pattern
Island Reversal Pattern• One of the commonly occuring chart pattern• Occurs when 2 different gaps isoates a buch of candles either in the top or bottom of the trend • It’s a Trend Reversal Pattern
• On the first day the candle gap's up and after holding to that level after a couple of candles shows a gap down near the same where earlier gap up occured

• The pattern usually implies reversal and can apply to a bullish or bearish change.
• As soon as it appears, it indicates that an extreme change in the sentiment has occurred.

• High volume is expected in that compact trading area.

• Before taking any trade one should look at fibonacci levels and Support & Resistance levels.
• As soon as it appears, it indicates that an extreme change in the sentiment has occurred.• High volume is expected in that compact trading area.• Before taking any trade one should look at fibonacci levels and Support & Resistance levels.
• As soon as it appears, it indicates that an extreme change in the sentiment has occurred.• High volume is expected in that compact trading area.• Before taking any trade one should look at fibonacci levels and Support & Resistance levels.
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