Mat Hold
- Type: Continuation
- Relevance: Bullish
- Prior Trend: Bullish
- Reliability: High
- # of Sticks: 5
Definition:
After a long up candle in an uptrend there is 3 smaller candles (sometimes referred to as real bodies) that constitute a small downtrend. The fifth candle of trading marks a continuation of the uptrend (generally accompanied with strong volume) and a close to new highs.