Bullish Mat Hold Candlestick Formation

Bullish Mat Hold Candlestick Example

Description

The Bullish Mat Hold candlestick formation is composed of 5 candlesticks, and is a continuation pattern. The first candlestick is a long green candlestick during an uptrend. The next 3 candles are short bodied candles that trade within or near the range of the first long green candlestick. The final candlestick is another long green candlestick whose price pushes above the first candlestick.