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Bearish Belt Hold
| This pattern signals a trend... | How to identify... | Similar pattern(s)... | | Reversal | - Long black day where the open is equal to the high.
- No upper shadow.
| | Psychology...
A significant gap up occurs. The remaining price action for the day occurs to the downside. This triggers new short positions to be taken. Concern over this price action re-enforces the selling.
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