Belt Hold Bearish Candlestick Pattern

The Psychology
The Belt Hold occurs fairly often and is not very reliable. The fact that the day's opening price holds as the high of the day and the stock trends down all day leans bearish, but one really needs to note the overall trend and receive confirmation with an additional down day.

A black day occurs with no upper shadow and a close near the day's low.

Pattern: reversal
Reliability: low