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Bearish mat hold

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Bearish Mat Hold Candlestick Definition
The bearish mat hold candlestick is a variation of the falling three methods. The formation is comprised of 5 candlesticks.

 


(Candlestick Continuation Pattern) A Bearish Mat Hold occurs during a downtrend. The first day is a long black day. On the second day, price opens below the close of the first black day, makes a new minor low, but the bar develops with a short body.

See also: Technical Indicator, Stock, Volume, Technical Analysis, Day Trading

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