BEARISH BELT HOLD
During an ascending trend there is a candlestick pattern that is being formed called bearish belt hold. This is what appears in the pattern: coming after a stretch of bullish trades, a black or bearish candlestick happens; the subsequent highest of the day which is the opening amount, is bigger compare to the close of the day before; the amount of stocks drops down throughout the day, ending in a long black candlestick with no shadow above and short shadow under.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Jul | |
| 03:45 | Markit Final Manufacturing PMI | Jul | |
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| 08:30 | CPI | Jul | |
| 09:15 | PMI Manufacturing | Jul | |
| 09:30 | Procure PMI Index | Jul | |
| 09:45 | PMI Manufacturing | Jul | |
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