Bullish Belt Hold

(redirected from Bullish Belt Holds)

Bullish Belt Hold

In candlestick charting, a candlestick indicating a possible turnaround in a bear market. A bullish bear hold occurs after a series of losing trading days, represented by black candles. The bullish bear hold is a gaining trading day, represented by a white candle, in which the opening price is the bottom price and the closing price is only slightly lower than the intraday high, both of which are much higher than the opening price. This is represented by a long candle with no wick (or shadow) at the bottom and only a short wick (or shadow) at the top.