Hector Deville's Best Advanced MT4 Indicator
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Mat Hold Bullish Candlestick Pattern
The Psychology
In an uptrend, a long white day is followed by a brief pullback (preferably on lightish volume). The fifth day simply continues the trend. The brief pullback is nothing more than a few days off for the bulls.
Identification
A long white day in an uptrend is followed by a relatively small black day that gaps in the direction of the trend. The next two days continue the brief pullback and are small days that stay within the range of the first day. The fifth day is a long white day that closes above the close of the first day and continues the uptrend.
Pattern: continuation
Reliability: high