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What is Abandoned Baby Candlesticks pattern ???

âś… Bullish Abandoned baby
âś… Bearish Abandoned baby

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The abandoned baby candlestick pattern is a three bar reversal pattern.

An abandoned baby is a rare formation in a candlestick chart.

It appears in a downtrend or uptrend which signals trend reversal.
Bullish Abandoned baby

• It is a 3 candlestick pattern

• It appears in the downtrend, indicating a bullish reversal

• Indicates bulls are gaining & bears loosing ground.

• Consists of a strong down candle, a gapped down doji, and then a strong bullish candle that gaps up.
Bearish Abandoned baby

• It appears in the uptrend, indicating a bearish reversal

• Indicates bulls are loosing & bears are gaining the ground.

•Consists of a strong bullish candle, a gapped down doji, and then a strong bearish candle that gaps up.
An abandoned baby is a robust formation as it allows traders to identify key levels for the reversal zone.

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