What is the bullish belt hold pattern?
The bullish belt hold is a bullish candlestick pattern. A green candle that opens at its low and moves up after a decline. Buyers are in control from the open.
How to spot a bullish belt hold
- 1Look for a decline that has been running for several bars.
- 2Find a long green candle that opens at or within a hair of its low.
- 3Check it closes near its high, with little or no lower wick.
How does the bullish belt hold form?
A bar opens at or very near its low after a decline and rises steadily from the first print, closing well up its range.
How do you confirm a bullish belt hold?
The open must be the extreme of the bar. If price traded below the open at all, it is not a belt hold.
When does the bullish belt hold fail?
Opening at the low often just reflects an overnight gap; when the session is otherwise quiet the bar means much less than its shape suggests.
No chart pattern works every time. The examples on this page were chosen because they show the pattern clearly, and in real markets patterns fail often.
Practice on real charts
3 real examples of the bullish belt hold, cut off where the pattern completed. Make your call, then see what happened.
The shaded area is a bullish belt hold. Where did price go next?
Bullish Belt Hold: common questions
Is the bullish belt hold bullish or bearish?
The bullish belt hold is bullish. An open-at-low candle shows urgency; the open itself is the level to watch.
How do you spot a bullish belt hold?
Look for a decline that has been running for several bars. Find a long green candle that opens at or within a hair of its low. Check it closes near its high, with little or no lower wick.
What is the difference between the bullish belt hold and the bearish belt hold?
The bullish belt hold: A green candle that opens at its low and moves up after a decline. Buyers are in control from the open. The bearish belt hold: A red candle that opens at its high and moves down after a rally. Sellers are in control from the open.
How reliable is the bullish belt hold?
No chart pattern works every time. Opening at the low often just reflects an overnight gap; when the session is otherwise quiet the bar means much less than its shape suggests. That is why it helps to wait for confirmation and to practice on many real examples before relying on it.
How can I practice spotting the bullish belt hold?
Use the real charts on this page: each one stops where the bullish belt hold completed, so you can make a call and then see what happened. The free Chartle app mixes the bullish belt hold in with 48 other patterns in short daily sessions.
Keep learning
- Chart pattern gameGuess where price goes next on real charts, all 49 patterns mixed.
- All 49 chart patternsEvery bullish and bearish pattern, with a printable cheat sheet.
- How to read candlestick chartsBodies, wicks and colors explained from the start.
- Cheat sheet PDFAll patterns on two printable pages.
