
The Bullish Abandoned Baby Pattern is a very rare bottom reversal signal. It is composed of a Doji Star, which gaps away (including shadows) from the prior and following day's candlesticks.
The Bullish Abandoned Baby Pattern is quite rare, The reliability of this pattern is very high, but still a confirmation in the form of a white candlestick with a higher close or a gap up is suggested.
We have a similar scenario that is valid for most of the three day star patterns. In a falling market, the market shows bearish strength first with a long black candlestick and opens with a gap on the second day. The second day trading is within a small range and second day closes at or very near its open. This now suggests the potential for a rally showing tat positions are changed. The signal of trend reversal is given by the white third day and by well defined upward gap.
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