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Bearish Abandoned Baby

Bearish Triple Candlestick Pattern

Bearish Abandoned Baby - Bearish Triple Candlestick Pattern

Pattern Overview

  • Bias:

    Bearish
  • Type:

    Triple Candlestick Pattern

Description

Three candles with a bullish, gapped doji, and bearish candle.

Meaning

Appears in uptrends; indicates strong bearish reversal, as indecision in the doji is followed by selling strength.

What is the Bearish Abandoned Baby candlestick pattern?

The Bearish Abandoned Baby is the bearish counterpart to the Bullish Abandoned Baby and consists of a bullish candle, a gapped doji, and a bearish candle. This pattern reveals a dramatic shift in sentiment from bullish to bearish, highlighting a sudden reversal at the top of an uptrend.

Recognizing the Bearish Abandoned Baby can offer traders insight into market tops and impending trend changes. The Chart Guys provide practical tips for identifying and trading with advanced reversal signals like this one.

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