Bullish abandoned baby

Bullish abandoned baby signifies an upcoming bullish trend. A bullish abandoned baby is made up of three candles. A long dark candle on the first time period, then a doji candle right below the first candle and finally a light colored candle following the doji. A trend reversal usually occurs when the doji in the middle appears during the trend. This trend rarely appears but when it does, the probability of a bullish trend is imminent.

Stocks | Forex | Options | Economics | Bonds | History | Language learning | Technology | Technical Analysis | Fundamental Analysis
Copyright © 2014 econtrader | Risk disclosure | Terms of Use