bearish belt hold

Definition

A security chart pattern used by technical analysts that indicates a potential downturn from a bull market. The pattern is displayed using candlesticks to express price points throughout a trading day. When a black candle - an indicator showing a closing price lower than opening price - appears following multiple white candles (higher closing than opening price), the analyst may expect a bull market reversal into a bear market trend.

Related Terms

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
bearish abandoned baby bullish belt hold