Bullish Mat Hold Candlestick Formation
The bullish mat hold is a variation of the rising three methods. The formation is comprised of 5 candlesticks. The bullish mat hold is an extremely bullish setup due to its complexity and rarity.
Bullish Mat Hold
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This pattern signals a trend...
The Bullish Mat Hold Pattern is known as a strong continuation pattern. In this pattern, a long white candlestick appears during an uptrend, which then is followed by three consecutive small real bodies that constitute a short downtrend.
The bullish Rising Three Methods is similar to the bullish Mat Hold.
Some of these candlestick patterns don't form too often. We tried hard to find a Rising Three Methods formation but have failed so far.
A Bullish Mat Hold occurs during an uptrend. The first day is a long white day. On the second day, price opens above the close of the first white day, makes a new minor high, but the bar develops with a short body.
 See also: Long, Close, Pattern, Bullish, Trend
  
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