๐ผ 1. Abandoned Baby (Bullish)
๐ฏ๏ธ A red candle followed by a doji (gap down), then a green candle that gaps up.
๐ There is a clear gap before and after the doji.
โก๏ธ Signal: Strong bullish reversal from a downtrend.
๐ Rare but powerful reversal pattern.
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๐ฝ 2. Belt Hold (Bearish)
๐ข Several green candles followed by a large red candle that opens at the high (no upper shadow).
โก๏ธ Signal: Bearish reversal at the top of an uptrend.
๐ Also called a โBearish Belt Holdโ pattern.
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๐ผ 3. Belt Hold (Bullish)
๐ป Several red candles in a downtrend followed by a large green candle that opens at the low.
โก๏ธ Signal: Bullish reversal after consistent selling.
๐ Known as a โBullish Belt Hold.โ
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๐ฝ 4. Belt Hold (Bearish)
๐ข Uptrend with multiple green candles, followed by a strong red candle.
โก๏ธ Signal: Potential bearish reversal.
๐ Shows hesitation or exhaustion in the uptrend.
Here is the candles image ๐
โ Tip: Belt Hold patterns are more effective near key support/resistance zones. Combine them with volume and trendlines for better results.
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