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Bearish Belt-Hold Line

The Belt-Hold is an individual less powerful reversal line.

The Bearish Belt-Hold Line is a long black line in an UpTrend. The longer the body of the line, the more significant it becomes.

 

Recognition Criteria:

·       UpTrend
·       A Long Black line with a Shaven Top and a lower shadow less than N percent of the total line range (High-Low)

 

Function: BearBeltHoldLine()

Trend: Bearish

Type: Less Powerful Reversal