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Bearish Abandoned Baby

Bearish Candlestick Pattern

Tobi Frenzen
Author
Tobi Frenzen
Published
October 28, 2024
Author
Tobi Frenzen
Published
Oct 28, 2024
Bearish Abandoned Baby Candlestick Pattern
Bearish Abandoned Baby - Bearish Triple Candlestick Pattern

Pattern Details

Bearish Abandoned Baby

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 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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