Island Reversal Candlestick Pattern.
Island reversal pattern asa chart pattern hai jis ma candlestick dono taraf gap banta hai. Ye pattern aksar market ki trending move ki completion k bad final stage par nazar ata hai. Ye pattern jesa k name sy he zahir hai k candlestick market ma asy akeli nazar ati hai jesy wo island ma ho. Es pattern k valid hony ka pehla signal ye hai k pehly gap k bad b volume increase kar jata hai. Or second gap jb opposite direction ma banta hai to b volume increase ho jata hai.
Entering an island reversal trade.
Island pattern ko comfirm karny k lae hamy en patterns ko observe karna chahe. First ye k market bullish or bearish kisi b direction ma gap bana sakti hai. Secondly ye k kam sy kam ik candle k close hony k bad market opposite direction ma again gap banae gi. Third ye k island ma banany wali kio b candle general price action ma banany wali kisi candle ko over lap ni kary gi.
Stop loss with island reversal pattern.
Jb trader ko market ma ye pattern nazar ahe to usko trade open karty sath he stop loss ko b set karna chahe. Es case ma island ma banany wali pehle candle k low point par stop loss ko set karna chahe. Es pattern ma island ma banany wali candle normal candles ko overlap ni karti so stop loss k lae island ma banany wali candle ka low point best hai.
Conclusion.
1. Island reversal pattern ik or few candlesticks pae mabni hota hai. En candles k both sides pae gap banty hain.
2. Ye both gaps ik dosray k opposite hony chahe ta k candlesticks har bar alag island ma nazar aye.
3. Island patterns ki two types hain. Firstly island top, jb pattern price action sy uper gap bana kar move kar jae to island top banta hai. Secondly island bottom, jb pattern price action sy nechy gap bana kar move kar jae to usy island bottom kaha jata hai.
4. Es pattern ka minimum target esk size k baraber hota hai.
5. Trade ma enter hony k bad stop loss ko island pattern k nechy set karna chahe.
6. Jb 3 opposite candles ban jayn to target ko mazeed extend kiya ja sakta hai.
Island reversal pattern asa chart pattern hai jis ma candlestick dono taraf gap banta hai. Ye pattern aksar market ki trending move ki completion k bad final stage par nazar ata hai. Ye pattern jesa k name sy he zahir hai k candlestick market ma asy akeli nazar ati hai jesy wo island ma ho. Es pattern k valid hony ka pehla signal ye hai k pehly gap k bad b volume increase kar jata hai. Or second gap jb opposite direction ma banta hai to b volume increase ho jata hai.
Entering an island reversal trade.
Island pattern ko comfirm karny k lae hamy en patterns ko observe karna chahe. First ye k market bullish or bearish kisi b direction ma gap bana sakti hai. Secondly ye k kam sy kam ik candle k close hony k bad market opposite direction ma again gap banae gi. Third ye k island ma banany wali kio b candle general price action ma banany wali kisi candle ko over lap ni kary gi.
Stop loss with island reversal pattern.
Jb trader ko market ma ye pattern nazar ahe to usko trade open karty sath he stop loss ko b set karna chahe. Es case ma island ma banany wali pehle candle k low point par stop loss ko set karna chahe. Es pattern ma island ma banany wali candle normal candles ko overlap ni karti so stop loss k lae island ma banany wali candle ka low point best hai.
Conclusion.
1. Island reversal pattern ik or few candlesticks pae mabni hota hai. En candles k both sides pae gap banty hain.
2. Ye both gaps ik dosray k opposite hony chahe ta k candlesticks har bar alag island ma nazar aye.
3. Island patterns ki two types hain. Firstly island top, jb pattern price action sy uper gap bana kar move kar jae to island top banta hai. Secondly island bottom, jb pattern price action sy nechy gap bana kar move kar jae to usy island bottom kaha jata hai.
4. Es pattern ka minimum target esk size k baraber hota hai.
5. Trade ma enter hony k bad stop loss ko island pattern k nechy set karna chahe.
6. Jb 3 opposite candles ban jayn to target ko mazeed extend kiya ja sakta hai.
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