Back Island (Island reversal)

Back Island (Island reversal)

The island of return (Island Reversal) is a rare formation that turns out to be highly reliable in predicting a trend change.

The island of return on bullish technical markets:

Appears in bear markets and at the end causes an upward correction.

It is formed when one or more bars are isolated from the graph by a hole or gap on both front and rear. Responds to a moment of panic sellers who jump a series of prices taken from nervousness, but after a while it produces the opposite effect and purchases accumulate so strongly that a range of prices jumped again, this time upward

The island of return in bear markets:

Appears in bull markets and at the end leads to a downward correction.

It is formed when one or more bars are isolated from the graph by a hole or gap on both front and rear.

Responds to a moment of euphoria in the market that a number of price jumps driven by the desire buyer but after a while it produces the opposite effect, sales are so hard to accumulate a series of prices jumped again, this time down.