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ADVFN HomeHelpGlossaryBelt Hold
American style warrant
Belt Hold
Covered Warrants
Engulfing Patterns
European style warrant
Hanging Man
Inverted Hammer
Market Capitalisation
Price to Sales Ratio (PSR)

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.