Bullish Abandoned Baby

The Bullish Abandoned Baby candlestick pattern is a reversal pattern after a bearish trend, characterized by a gap-down Doji, which is then followed by another gap in the opposite direction with the third day being an "up day".

Bullish Abandoned Baby

The Bullish Abandoned Baby three-day candlestick formulation occurs after a bearish trend and is considered to be a trend reversal pattern.


Bullish Abandoned Baby Identification

The Bullish Abandoned Baby candlestick pattern is a reversal pattern after a bearish trend, characterized by a gap-down Doji, which is then followed by another gap in the opposite direction with the third day being an "up day".  The shadows on the Doji must completely gap below or above the shadows of the first and third day.

Bullish Abandoned Baby candlestick pattern

Bullish Abandoned Baby Interpretation

The Bullish Abandoned Baby Candlestick pattern reflects a classic three period reversal of market sentiment where after a bearish trend, finally enough buyers enter the market to take control. This is first reflected by the doji formation where markets trade in a small range suggesting uncertainty in trend and a rally potential.

After day two we actually have a Bullish Doji Star, moderate strength bullish pattern and then ultimately a reversal in the direction of the market signified by a large bullish candle which confirms that buyers are staging a rally and reversal.

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