Abandoned Baby Bottom
A three day bullish reversal pattern that is very similar to the Morning Doji Star.
The difference is, the shadows on the Doji must gap below the shadows of the first and third days for the Abandoned Baby Bottom.
This is a bottom reversal signal which is very rare.
Recognition Criteria:
· DownTrend
· First line is Long Black
· Second line is Doji
· Third line is White
· Second line’s high price is lower than the first line’s low price
· Third line’s low price is higher than the second line’s high price.
· Third line’s closing price is higher than the first line’s.
· Third line’s closing price is lower than the first line’s half body.
Function: AbandonedBabyBottom()
Trend: Bullish
Type: Reversal
See Also