Island Reversal

Island Reversal - Island reversal is a candlestick pattern that marks the short-term reversal of stock. There are two patterns the bullish reversal and the bearish reversal. The pattern can consist of any number of candlesticks, but must have at least three. The first of the candlestick patterns in the same direction as the previous trend. The example of what bullish reversal is. On the first bear market day it is slow. The sequel day gaps down lower at the beginning and stays lower. The price of the stock may continue below this gap for days while the stock decides what to do.