BEARISH BELT HOLD
During an ascending trend there is a candlestick pattern that is being formed called bearish belt hold. This is what appears in the pattern: coming after a stretch of bullish trades, a black or bearish candlestick happens; the subsequent highest of the day which is the opening amount, is bigger compare to the close of the day before; the amount of stocks drops down throughout the day, ending in a long black candlestick with no shadow above and short shadow under.
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Hammer
A candlestick price pattern that exists when a security trades significantly lower than its opening, but rallies later in the day to close either a ...
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