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...
The day after GAP 1 is Day 1.
Day 5 should have gapped Up but did not GAP UP due to the penetration of Day 3 into Day 2 level. This occurrence lead to delay in pattern follow up.
Worked out to be a great trade.
