Mat Hold
The Mat Hold pattern is a candlestick formation that indicates the continuation of a previous move.
A bearish pattern begins with a large bearish candlestick followed by a gap lower and three smaller candles that move up. These candles must remain below the high of the first candlestick. The fifth candlestick is a large candlestick that moves down again. The pattern occurs within an overall downtrend.
Last modified: 13 December 2024