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 then the closing price. Consequently the bullish candle has no lower shadow and a long body. It signals a bullish reversal in price.

Bullish Belt Hold Japanese Candlestick Pattern

For a complete printable reference see also: Japanese Candlesticks PDF Ebook

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