Abandoned Baby

Abandoned Baby is reliable candlestick pattern which indicates a trend reversal. This is a three candlestick pattern formed of three different candlesticks. Bullish Abandoned Baby candlestick formation occurs after a significant downtrend and indicates the beginning of an uptrend. On first day there is a black candlestick maintaining the bearish trend. On second day there is a Doji Star which gap bottom to first day candlestick indicating high uncertainty in market. On third day there is a white candlestick indicating the beginning of an uptrend.

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