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 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?
