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Trading and Investment Terms

bearish belt-hold

The Bearish Belt Hold candlestick pattern is a bearish reversal candlestick pattern that can form anywhere in an uptrend or a downtrend.

 A Bearish Belt Hold candlestick pattern is easily identified due to its lack of an upper shadow.

 

Listed below are the requirements for a Bearish Belt Hold candlestick pattern.

  • It has a shaven top, meaning it has no upper shadow; if it does have an upper shadow, it must be very minuscule in nature

 

  • The share price should close at or near the lows of the trading session

 

  • Most Bearish Belt Hold candlesticks have red-colored real bodies, however, in certain instances, it can also have a green colored real body

 

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