Belt HoldBelt 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.
- Belt holds are used in Toplists as a filter criteria for Chart alerts (click here)
- Candlesticks (The basics) (Click here)