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Belt HoldBelt Hold is a charting pattern for Japanese candlesticks There are two kinds of belt holds, bullish and bearish.
A bullish belt hold(or White opening shaven bottom) A bullish belt hold is a tall white candlestick that opens on it's low. If this appears in a low price area it is a bullish signal.
A bearish belt hold (or a Black opening shaven head) A bearish belt hold is a long black candlestick that opens on it's high If this appears in a high price area this is considered a bearish signal.
- Belt holds are used in Toplists as a filter criteria for Chart alerts (click here)
- Candlesticks (The basics) (Click here)
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