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Nikita (SEBI RA)

9th Oct Β· SEBI-Registered Analyst

Mat Hold Pattern – Strong Continuation πŸ“ˆπŸ“‰

πŸ“Š The Mat Hold is a continuation pattern that confirms strength of the ongoing trend. βœ… Formation (5 candles): 1️⃣ Strong trend candle (green in uptrend, red in downtrend). 2️⃣–4️⃣ Small opposite candles that stay within the range. 5️⃣ Another strong candle in direction of original trend β†’ breakout. βœ… Meaning: Brief pause/consolidation before trend resumes strongly. πŸ“Œ Example: Stock rallies β‚Ή600 β†’ β‚Ή650, then 3 small red candles between β‚Ή640–₹650, followed by a strong green closing β‚Ή670 β†’ Mat Hold β†’ uptrend continuation. 🧠 Tip: This is a professional trader’s favorite for riding strong trends.

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