28/9/2020 LCTITAN - Possible island reversal pattern

Scenario 1 : If candle tomorrow open above gap and close above gap with high volume, island reversal pattern is completed and price will fly high.
(This is a rare and strong signal)

Scenario 2
The gap will be filled first before price continue climbing

Scenario 3
If candle tomorrow open below gap and close below gap with high volume, reversal candle pattern will be formed and the price will likely going down.

Trade active:

Island reversal pattern is valid. The pattern is invalid when the candle filled the gap.
Next TP 2.2

Trade active:

TP1 2.2 achieved.
Pull back down to 2.085-2.15 range might take in place before price continue climbing up

Trade closed: target reached:

Target reached golden ratio 1.618 (2.55). Faster than I thought and some more without pullback.

Comment:

Still in play. Waiting for correction for reentry