Belt Hold candlestick pattern

Belt Hold

Belt Hold is a trend reversal candlestick pattern. It can be considered as a reversal signal in the current trend.

The bearish Belt Hold: This bar is long and bearish and opens above the previous bar's High price; The difference between its Open price and the previous bar's High price is greater than the average body height.

The bullish Belt Hold: This bar is long and bullish and opens below the previous bar's Low price; The difference between its Open price and the previous bar's Low price is greater than the average body height.

We use our proprietary data-mining algorithm to capture specific price movement and pattern performance.
Under certain circumstances, a Bullish pattern can also perform as a Bearish pattern, and a reversal pattern can be changed into a continuation pattern.

If you want to find out the performance of this pattern in real market, not in theory, our data mining results are your must have reference.

• Belt Hold Pattern data mining result (2014 Daily, Bearish reversal)

• Belt Hold Pattern data mining result (2014 Daily, Bullish reversal)

• Belt Hold Pattern data mining result (2014 weekly, Bearish )

• Belt Hold Pattern data mining result (2014 weekly, Bullish)

The following pictures are taken from our Candlestick Pattern Indicator (Thinorswim version).