The Faraway Island Pattern: When RSI Gets Stranded in an Extreme Zone
Cool Market Patterns Explained
The Faraway Island Pattern is built on a simple idea:
Sometimes momentum does not just touch an extreme.
It stays there.
Most RSI signals focus on a quick oversold or overbought reading. The Faraway Island is different. It looks for a market that has remained deeply stretched for several candles in a row.
That is why the name works.
The market is not just vi…
