IOLCP - A New Approach✔️First of all,
This is my first Island analysis.So I know there are so many mistakes.Anyone who knows about it can comment below.Anyway, I am trying to do better.
And, u guys can see it's not completed yet(Island).So we want to wait.
#copied 👇👇
In order to confirm the Island candle pattern, you should discover three symptoms on the chart:
1.The stock gaps in a bearish or bullish direction.
2.After at least the close of one candle, the stock gaps back in the opposite direction.
3.None of the candles from the island overlaps with the candles from the general price action, including the body or the candle wick.
We can discuss more about it,if it move as we expected🤍
Thank you
