Abandoned Baby Candlestick Pattern

Abandoned Baby Candlestick Patterns are very rare trend reversal signal which forms by three candlestick, looks similar to the morning and evening star formations but here the real bodies and shadows cann't overlap each other where second candle is looks as Doji Candle. 

Bullish Abandoned Baby:

• The first candle is negative and will be directed to the downtrend.
• The second candle is almost a doji that gaps down from the previous candle.
• The last candle gaps up and ends up that creates a tall positive candle.

Bearish Abandoned Baby:

• The first candle will be directed to the uptrend by positive candle.
• The second candle also will be directed to the primary trend, looks as a doji and not overlapping with the real body or shadow of the previous candle.
• The third candle will be directed to the opposite direction by negative candle.

In case of both bullish and bearish signal, the Entry and Exit points are very importent as well as Stop Loss point. The right location of the stop should be lower than the wick of the second candle of the formation.