Sign in to follow this  
Followers 0
Rick

Abandoned Baby

1 post in this topic

Abandoned Baby

Bullish Abandoned Baby

Bearish Abandoned Baby

Abandoned Baby pattern is similar to the family of Morning Star and Evening Star patterns. It is almost the same as Morning Doji and Evening Doji Star. The difference is the shadows on the Doji must gap below the shadows of the first and third days for the Abandoned Baby bottom.

Recognition Criteria:

* The first day shall indicates the prior trend.

* The second day is a Doji which gaps above or below the previous day's range.

* The third day is the opposite color of the first day and gaps in the opposite direction.

* There is no shadows overlapping between the Doji and other two days.

(Confirmation is suggested.)

0

Share this post


Link to post
Share on other sites
Sign in to follow this  
Followers 0