Showing posts with label Mat Hold. Show all posts
Showing posts with label Mat Hold. Show all posts

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.