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Bullish Belt-Hold Line

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

The Bullish Belt-Hold Line is a long white line in a DownTrend. The longer the body of the line, the more significant it becomes.

 

Recognition Criteria:

·       DownTrend

·       A Long White line with a Shaven Bottom and an upper shadow less than N percent of the total line range (High-Low) 

 

Function: BullBeltHoldLine()

Trend: Bullish

Type: Less Powerful Reversal