Mat Hold
A Mat Hold pattern is a candlestick formation that indicates the continuation of a previous move.
A bullish pattern begins with a large rising candlestick followed by a gap higher and three smaller candles moving lower. These candles must remain above the low of the first candlestick. The fifth candlestick is a large candlestick that moves higher again. The pattern occurs within an overall uptrend.
Last modified: 13 December 2024