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Trading and Investment Terms

Island Reversal

An island reversal is identified by gaps between the signal day and the days on either side. 

This is a strong short-term signal.

After an up-trend:

  • The day's Low is above the High of the day before and the day after.

After a down-trend:

  • The day's High is below the Low of the day before and the day after.

An island reversal is a chart formation where there is a gap on both sides of the candle. 

 

Island reversals frequently show up after a trending move is in its final stages. 

 

An island reversal gets its name from the fact that the candlestick appears to be all alone, as if on an island. 

 

A key sign of a valid island reversal is an increase in the volume on both the first gap and then the subsequent gap in the opposite direction

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