What is Bearish Mat Hold: Bearish Continuation Pattern?
Bearish Mat Hold pattern is a variation of the Falling Three Method. It is comprised of 5 candles.
In this pattern, first candle is a long black candlestick in a downtrend. Second day candle is a white one, which gaps down. Third and fourth day candles continue to retrace losses from the first candle, but with lower volume. Fifth candle is a large black candle, which makes a new low
Bearish Mat Hold pattern is a variation of the Falling Three Method. It is comprised of 5 candles.
In this pattern, first candle is a long black candlestick in a downtrend. Second day candle is a white one, which gaps down. Third and fourth day candles continue to retrace losses from the first candle, but with lower volume. Fifth candle is a large black candle, which makes a new low