Island Reversals

NSE:NIFTY   Nifty 50 Index
Notes on the chart.
Trading technique in the examples.

Hope this will add a fresh arrow in your trading quiver.

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Comment: We can start with initial stop below the Island and then trail as the trade proceeds in our direction. Aggressive stops have higher chances of being hit.
As this pattern is for swing trade so proper position sizing should be done before taking the trade.

I hope I cleared important points.
All the best.


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