Bearish abandoned baby

A bearish abandoned baby is considered a trend reversal signal and forms rarely on chart patterns. This signifies indecision of buyers and sellers at a particular level. A bearish abandoned baby is made up of three candles. A long light candle on the first time period, then a doji candle right above the first candle and finally a dark colored candle following the doji. A trend reversal usually occurs when the doji in the middle appears during the trend.

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