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The Complete Guide to Using Candlestick Charting: How to Earn High Rates of Return safely
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Bearish Belt Hold

This pattern signals a potential trend


How to identify
  1. Long red day where the open is equal to the high.

  2. No upper shadow.
Similar pattern(s)

» Marubozu


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.

Recent Scan Results
Daily ChartWeekly Chart
Last Day: 9 Last Week: 4
Last 10 Days: 316 Last 10 Weeks: 35

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