Sunday, April 26, 2015

Mat Hold

Mat Hold

Mat Hold

Mat Hold is a bullish candlestick pattern made up of 5 bars.
How to Identify:
  • The 1st bar is long and bullish and continues the uptrend;
  • The 2nd bar is bearish and gaps up from the 1st bar;
  • The 3rd and 4th bars are short and form a short-term downtrend, closing within the 1st bar's body;
  • The 5th bar is bullish and close price above the 3rd bar's Open price.

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