Bearish Abandoned Baby Candlestick Formation

Bearish Abandoned Baby Candlestick Example


Description

The Bearish Abandoned Baby candlestick formation is composed of 3 candlesticks. The first candlestick is a long white candlestick which shows bullish sentiment. The second candlestick is a doji with short wicks which opens and closes above the close of the previous white candlestick. The 3rd candlestick is a large black candlestick which opens below the doji open-close level, thereby showing a reverse of sentiment.