Definitions

Bullish Belt Hold

Posted By: TradersLog

The Bullish Belt Hold Japanese Candlestick pattern begins with a series of bearish candles and is followed with a bullish candle where the opening price remains the low of the day and is significantly lower than the closing price. Consequently the bullish candle has no lower shadow and a long body. The pattern suggests a possible bullish trend reversal.

Bullish Belt Hold

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