• Sunday, 16 May 2010 23:01
• Written by Desmond Wira

Bullish Abandoned Baby candlestick signals bullish reversal. This candle pattern is almost the same with Morning Star or Morning 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: Bullish Reversal Signal Strength: Strong Characteristic: Consist of 3 candles Candle #1: Black candle Candle #2: Doji or Spinning Top Candle #3: White Candle The candle in the middle has some distance with other two candles. The longer the distance indicates stronger signal. Usually the white candle has longer body than the black candle. The longer the body indicates stronger signal The longer shadow in Doji or Spinning Top indicates stronger signal

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