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Island Reversal (Top)

bearish

Definition

Price gaps up, trades on an 'island', then gaps down — leaving buyers stranded.

Psychology

A jump up, a pause, a jump down — everyone who bought on the island is trapped.

Real-life analogy

💡 A day-trip to an island that ends with the last ferry leaving without warning.

Expected direction

down

Entry / Stop / Target

Entry: On the downside gap (or its first retest that fails). · Stop: Above the island's high. · Target: Measured from the island's height, or to the origin of the first gap.

Historical behaviour

More common after extended rallies with news spikes.

Illustrative success rate

~65-70% follow-through · Medium reliability

Common beginner mistakes

  • Ignoring the gap-fill risk on the retest

Quick quiz — did you understand?

1. Is the Island Reversal (Top) generally considered bullish, bearish, or neutral?

2. After a confirmed Island Reversal (Top), the expected direction is usually:

3. Which is a common beginner mistake with the Island Reversal (Top)?

Educational and probability-based analysis only. This is not financial advice and not a prediction of real market outcomes.