Abandoned Baby Pattern

bullish abandoned baby

For a better understanding of this article, you should already know what Japanese Candlesticks are and all their features; for this reason, we suggest you to read this introductory article to Japanese Candlesticks:  Japanese Candlestick Chart ( So that you can understand also the Ratings given to the Candlestick Patterns for the “quality” of the signal and for their frequency to “appear” on Charts).

Let’s analyze now the following Candlestick Pattern: “Abandoned Baby”.

Abandoned Baby Pattern

 

– Normally it should be a signal of reversal of the current Trend.

– You can find it in the variants: Bullish and Bearish, depending on the Trend in which is located.

Bullish Abandoned Baby

 

bullish abandoned baby

– It occurs during a Downtrend; confirmation is not required by the candles that follow the Pattern (Although it’s better if you search for confirmation).

– The First Candle is long and black.

– The Second Candle is a Doji Candle, that gaps down from the Previous Candle.

– The Third Candle is long and white; it has the Open above the Second Candle.

Bearish Abandoned Baby

 

bearish abandoned baby

– It occurs during an Uptrend; confirmation is not required by the candles that follow the Pattern (Although it’s better if you search for confirmation).

– The First Candle is long and white.

– The Second Candle is a Doji Candle, that gaps up from the Previous Candle.

– The Third Candle is long and black; it has the Open below the Second Candle.

The Trading Online Guide, strategy to earn with Binary option and Forex Trading online.

Leave a Reply