Bullish Belt Hold

AAA

DEFINITION of 'Bullish Belt Hold'

A trend in candlestick charting that occurs during a downward movement. After a stretch of bearish candlesticks, a bullish or white candlestick forms. The opening price, which becomes the low for the day, is significantly lower then the closing price. This results in a long white candlestick with a short upper shadow and no lower shadow.

Bullish Belt Hold

INVESTOPEDIA EXPLAINS 'Bullish Belt Hold'

The bullish belt hold often signals a reverse in investor sentiment from bearish to bullish. Since this trend occurs frequently but is often incorrect in predicting future share prices, it is rarely perceived to be useful. As with any other candlestick charting patterns, more than just two days of trading should be considered when making predictions about trends.

RELATED TERMS
  1. Candlestick

    A chart that displays the high, low, opening and closing prices ...
  2. Bearish Harami

    A trend indicated by a large candlestick followed by a much smaller ...
  3. Harami Cross

    A trend indicated by a large candlestick followed by a doji that ...
  4. Dark Cloud Cover

    In candlestick charting, a pattern where a black candlestick ...
  5. Technical Analysis

    A method of evaluating securities by analyzing statistics generated ...
  6. Bullish Harami

    A candlestick chart pattern in which a large candlestick is followed ...
Related Articles
  1. Candlestick Charting: What Is It?
    Charts & Patterns

    Candlestick Charting: What Is It?

  2. The Basic Language Of Candlestick Charting
    Charts & Patterns

    The Basic Language Of Candlestick Charting

  3. Candlestick Charting: Perfecting The ...
    Forex Education

    Candlestick Charting: Perfecting The ...

  4. Candlesticks Light The Way To Logical ...
    Charts & Patterns

    Candlesticks Light The Way To Logical ...

comments powered by Disqus
Hot Definitions
  1. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious ...
  2. Takeover

    A corporate action where an acquiring company makes a bid for an acquiree. If the target company is publicly traded, the ...
  3. Harvest Strategy

    A strategy in which investment in a particular line of business is reduced or eliminated because the revenue brought in by ...
  4. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  5. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
  6. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
Trading Center