Pattern Overview
Description
Three candles with a bearish, gapped doji, and bullish candle.
Meaning
Appears in downtrends; suggests a strong bullish reversal, as the middle doji shows indecision, with confirmation by a strong bullish move.
What is the Bullish Abandoned Baby candlestick pattern?
The Bullish Abandoned Baby is a rare but powerful reversal pattern that consists of a bearish candle, a gapped doji, and a bullish candle. The middle doji reflects indecision, while the third bullish candle confirms the reversal. This pattern highlights a dramatic shift in sentiment, showing that buyers are prepared to take control.
Recognizing the Bullish Abandoned Baby can offer traders insights into pivotal market shifts. For those seeking to expand their knowledge of advanced patterns, The Chart Guys provide comprehensive resources on how to identify and trade with powerful reversal patterns like this one.
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