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Abandoned Baby Pattern Indicator

Abandoned Baby Description.

An abandoned baby candlestick pattern can signal a bullish or bearish reversal in price. A bullish pattern is confirmed when a down trend in price gaps down and leaves a Doji candlestick, then gaps up above the close of the Doji the next day. A full confirmation of the pattern is when the current session closes above the abandoned baby candle. It is exactly the same in reverse for a bearish signal. An abandoned baby will form at the top of a rise, and the candlestick pattern will be confirmed on a close below the formed Doji.

Last patterns detected
Stock Date The date the latest pattern was detected for this stock. Price The closing price of this stock on the detected date. Signal The type of signal this pattern is suggesting. Bullish (buy) Bearish (sell). Determined by pattern type or previous price action. See pattern descriptions. Gain The maximum gain, in cents, which was possible during 20 days from detection, in the patterns suggested direction. Not including any drawdown or negative moves. Gain % The maximum gain, in percent, which was possible during 20 days from detection, in the patterns suggested direction. Not including any drawdown or negative moves. Current Price Success?
ALTR 09.05.2018 40.93 BEARISH - - 29.82 NO
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Other Candle Patterns With Signals Today
Pattern Stock Date Signal
Shooting Star ADSK 09.20.2018 BEARISH
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Short Line Candle AMGN 09.20.2018 BULLISH
Short Line Candle ALTR 09.20.2018 BEARISH
High-Wave Candle BIIB 09.20.2018 BULLISH
Spinning Top BIIB 09.20.2018 BULLISH
Engulfing CA 09.20.2018 BEARISH
Short Line Candle CHRW 09.20.2018 BEARISH
Inverted Hammer COST 09.20.2018 BULLISH
Gravestone Doji COST 09.20.2018 BULLISH

More About This Pattern

You can see in the chart the abandoned baby which is left out on a limb from the rest of the candles. This is the main characteristic. There has to be a gap down (or up) and same for the following day.

Chart Example