Candlestick Patterns

Abandoned Baby Bearish

The Abandoned Baby Bearish is a bearish reversal pattern represented by three candles. The first candle has a long body and upward movement. The middle one is a Doji, followed by a candle with a long body and a downward movement. As suggested by the first increasing candle, the price is in an upward trend. The next one is a Doji, commonly known for its indecision component, usually appears at the end of bearish and bullish trends and initiate a new trend. Finally, with the last decreasing candle, the bears take over and kick off the trend reversal. Normally, this pattern leads to a downward trend reversal. Therefore, if selected in your strategy, it will be interpreted as a bearish sign and generate a sell signal.

Start trading with Cryptohopper for free!

Free to use - no credit card required

Let's get started
Cryptohopper appCryptohopper app
©2017 - 2023 Copyright by Cryptohopper™ - All rights reserved.