• Sunday, 16 May 2010 23:02
• Written by Desmond Wira

Bearish Abandoned Baby candlestick signals bearish reversal. This candle pattern is almost the same with Evening Star or Evening Doji Star. This pattern characterized by 3 candle. One is black candle, candle in the middle is a Doji or Spinning Top, and the last candle is white candle. Candle in the middle has some distance with other two candles. This candlestick pattern is rarely seen. Usually appear in longer time frame, for example daily or weekly chart.

Type: Bearish Reversal Signal Strength: Strong Characteristic: Consist of 3 candles Candle #1: White candle Candle #2: Doji or Spinning Top Candle #3: Black Candle The candle in the middle has some distance with other two candles. The longer the distance indicates stronger signal. Usually the black candle has longer body than the white candle. The longer the body indicates stronger signal The longer shadow in Doji or Spinning Top indicates stronger signal

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