Pattern Overview
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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