Abandoned Baby

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Ahmed Ramzy
641
Ahmed Ramzy  

A rare reversal pattern characterized by a gap followed by a Doji, which is then followed by another gap in the opposite direction. The shadows on the Doji must completely gap below or above the shadows of the first and third day.

Sergey Golubev
Moderator
106164
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2018.03.11 05:55

Abandoned Baby candlestick pattern (based on the article)

andlestick pattern

  • "The Bullish Abandoned Baby candlestick pattern is a reversal pattern. The pattern has three candles. It forms at the bottom of a trend. In this pattern, the first candle is any long and bearish candle. The second candle is a small and bearish candle—or a Doji. The second candle doesn’t overlap the first or third candle. The third candle is any long and bullish candle."
  • "The Bearish Abandoned Baby pattern is a reversal pattern. The pattern has three candles. It forms at the peak of a trend. In this pattern, the first candle is long and bullish. The second candle is a small and bullish candle—or a Doji. The second candle doesn’t overlap the first or third candle. The third candle is long and bearish."


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