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ADVFN HomeHelpGlossaryBelt Hold
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Belt Hold

Belt Hold is a charting pattern for Japanese candlesticks
There are two kinds of belt holds, bullish and bearish.

A bullish belt hold(or White opening shaven bottom)
A bullish belt hold is a tall white candlestick that opens on it's low.
If this appears in a low price area it is a bullish signal.

A bearish belt hold (or a Black opening shaven head)
A bearish belt hold is a long black candlestick that opens on it's high
If this appears in a high price area this is considered a bearish signal.






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