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Nikita (SEBI RA)

13th Oct ยท SEBI-Registered Analyst

Abandoned Baby โ€“ Strong Reversal Pattern ๐Ÿ‘ถ

๐Ÿ“Š The Abandoned Baby is a powerful 3-candle reversal pattern. โœ… Formation: Bullish Abandoned Baby: Downtrend, red candle โ†’ Doji gaps down โ†’ next green gaps up, leaving Doji isolated. Bearish Abandoned Baby: Uptrend, green candle โ†’ Doji gaps up โ†’ next red gaps down, leaving Doji isolated. โœ… Meaning: A sharp sentiment shift โ†’ trend reversal. ๐Ÿ“Œ Example: Stock falls โ‚น480 โ†’ โ‚น440, Doji forms gap down, then green candle gaps up and closes โ‚น460 โ†’ Bullish Abandoned Baby โ†’ strong reversal. ๐Ÿง  Tip: Volume on the reversal candle increases accuracy.

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