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Forex Stock Exchange Forum  » Forex and Stock Trading English Forum » Forex School » Belt Hold Lines

Belt Hold Lines

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1attention Belt Hold Lines Mon Mar 30, 2015 2:23 pm

gandra

gandra
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Belt-hold line -- there are bullish and bearish belt holds. A bullish belt hold is a tall white candlestick that opens on its low. It is also called a white opening shaven bottom. At a low price area, this is a bullish signal. A bearish belt hold is a long black candlestick which opens on its high. Also referred to as a black opening shaven head. At a high price level, it is considered bearish.



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