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Mat Hold

 

Description

 

This continuation pattern is considered to have high reliability.

 

The pattern is identifiable by, in an uptrend, a long white/empty candlestick followed by a small black candlestick that gaps upwards. The next two days continue a short pullback although staying within the range of the first day. The fifth day is another long white/empty candlestick closing above the first day, continuing the upward trend.

 

Market Opinion

 

Continuation expected.

 

Pattern

 

Description: Description: Description: C:\avasaramworkspace\avasaramWeb\web\tutorials\candlesticks\Mat Hold_files\image001.jpg 

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