Community Forex Questions
How do you differentiate between a bullish and bearish Belt Hold pattern?
The Belt Hold pattern is a single-candlestick formation that signals a potential trend reversal. It can be either bullish or bearish, and the key difference lies in its position, colour, and the market trend preceding it.
A bullish Belt Hold appears after a downtrend. It is a long white (or green) candlestick that opens at its low and closes near its high, with little or no lower shadow. This suggests strong buying pressure from the open, possibly marking the start of a bullish reversal.
A bearish Belt Hold, on the other hand, appears after an uptrend. It is a long black (or red) candlestick that opens at its high and closes near its low, with little or no upper shadow. This shows strong selling pressure from the open, often signalling the beginning of a bearish reversal.
A bullish Belt Hold appears after a downtrend. It is a long white (or green) candlestick that opens at its low and closes near its high, with little or no lower shadow. This suggests strong buying pressure from the open, possibly marking the start of a bullish reversal.
A bearish Belt Hold, on the other hand, appears after an uptrend. It is a long black (or red) candlestick that opens at its high and closes near its low, with little or no upper shadow. This shows strong selling pressure from the open, often signalling the beginning of a bearish reversal.
The Belt Hold pattern is a single candlestick reversal signal that can be either bullish or bearish, depending on its position and characteristics. A bullish Belt Hold appears after a downtrend. It opens at its low and forms a long white/green candlestick with little to no lower shadow, showing strong buying pressure. This suggests a possible trend reversal to the upside. In contrast, a bearish Belt Hold forms after an uptrend. It opens at its high and creates a long black/red candlestick with little or no upper shadow, indicating strong selling pressure. Both patterns rely on a sudden shift in market sentiment. Traders often use them with confirmation from volume or the next candlestick to validate the potential reversal signal.
Hanceseles57
Jul 09, 2025 09:16
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The Belt Hold candlestick pattern appears in both bullish and bearish forms and is used to signal potential market reversals. A bullish Belt Hold occurs after a downtrend and features a long white (or green) candlestick that opens at the low of the day with no lower shadow. It shows strong buying pressure, suggesting a possible upward reversal.
In contrast, a bearish Belt Hold appears after an uptrend. It’s a long black (or red) candlestick that opens at the high with no upper shadow, indicating strong selling pressure and a potential shift to a downtrend.
Key differences lie in trend direction, candle colour, and opening gaps. Confirmation from volume or subsequent candles strengthens the pattern’s reliability.
In contrast, a bearish Belt Hold appears after an uptrend. It’s a long black (or red) candlestick that opens at the high with no upper shadow, indicating strong selling pressure and a potential shift to a downtrend.
Key differences lie in trend direction, candle colour, and opening gaps. Confirmation from volume or subsequent candles strengthens the pattern’s reliability.
Jul 08, 2025 02:09