BULLISH ABANDONED BABY
The chart showing Series 1 series.
To see the performance of the pattern in your stock exchange in the context of other stock markets please examine the table below. Find your stock market there and see how it ranks among the others. This will give you an idea about the pattern’s strength and reliability and help you in your buying decisions.
BULLISH ABANDONED BABY
Definition
This is a three candlestick pattern signaling a major bottom reversal. It is exactly the same as the Bullish Morning Doji Star with one important difference. The shadows on the Doji must also gap below the shadows of the first and third days. Its name comes from the second day of the pattern, which floats out on the chart by itself like an abandoned baby of the first and third days. Basically, the pattern consists of a black candlestick followed by a Doji that gaps away (including shadows) from the prior black candlestick and the following white candlestick whose closing is well into the first black body.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. A black candlestick is observed on the first day.
3. Then we see a Doji on the second day whose shadows gap below the previous day’s lower shadow.
4. Third day’s white candlestick gaps in the opposite direction with no shadows overlapping.
Pattern Requirements and Flexibility
The Bullish Abandoned Baby should start with a black candlestick that is not short, and it must continue with a Doji that makes a gap away from the prior candlestick (including shadows). The third day of the pattern is a white candlestick. The gap between the low of this candlestick and the high of the Doji may be ignored. The white candlestick must close well into the black candlestick that appears at the beginning of the pattern. The extent of how high this candlestick must close is defined according to the other candlesticks belonging to the pattern. The third day’s closing must reach the midpoint between the first day’s opening and the second day’s lowest body level.
Trader’s Behavior
A black candlestick confirms the continuation of the downtrend that is in progress. The appearance of the Doji that causes a huge gap indicates that the bears are still pushing down the price. The tight price action between the open and close shows indecision and reflects deterioration in the prior trend. In the third day, the body of the candlestick is above the previous day, trying to cover some of the ground from the down day.
Buy/Stop Loss Levels
The confirmation level is defined as the last close. Prices should cross above this level for confirmation.

The stop loss level is defined as the lower of the last two lows. Following the BUY, if prices go down instead of going up, and close or make two consecutive daily lows below the stop loss level, while no bearish pattern is detected, then the stop loss is triggered.
Title
Pattern Performance in Stock Exchanges since 1/1/2014
Country
Stock Exchange
Website
Patterns
Total
Confirmed
Total
Profitable
Signals
Confirmation
%
Profitable
Signal%
Per Trade
Samples
Profit%
Loss%
Total Net%(Descending)
South KoreaKOSDAQ 111100.00100.0022.000.0022.00
IndiaBSE 63250.0066.679.670.339.33
USOTC PINK 97577.7871.437.571.715.86
IsraelTASE 31133.33100.004.000.004.00
USNASDAQ 106360.0050.004.500.504.00
USNYSE 19151178.9573.333.870.273.60
AustraliaASX 21150.00100.003.000.003.00
USAMEX 221100.0050.003.000.003.00
UKLSE 118772.7387.502.500.132.38
GermanyXETRA 1311884.6272.732.450.272.18
FrancePARIS 21150.00100.002.000.002.00
The World 1641226574.3953.282.510.931.58
South KoreaKRX 221100.0050.002.000.501.50
SwitzerlandSIX 221100.0050.001.500.501.00
TaiwanTWSE 111100.00100.001.000.001.00
JapanTOKYO 65483.3380.001.000.400.60
CanadaTSX 64266.6750.000.750.500.25
ItalyBORSA 1612575.0041.671.251.080.17
RussiaMICEX 1000.000.000.000.000.00
PortugalLISBON 1000.000.000.000.000.00
PakistanKSE 1000.000.000.000.000.00
BrazilBOVESPA 1000.000.000.000.000.00
ChinaSZSE 53160.0033.330.670.670.00
MexicoBMV 2000.000.000.000.000.00
ChinaSSE 332100.0066.671.672.00-0.33
Poland GPW 110100.000.000.001.00-1.00
SwedenSTOCKHOLM 110100.000.000.001.00-1.00
NetherlandsAMSTERDAM 32066.670.000.002.50-2.50
NorwayOSE 110100.000.000.004.00-4.00
USWARRANTS 110100.000.000.005.00-5.00
Patterns Total: How many of this particular pattern has been detected in this period
Confirmed Total: How many of the detected patterns were confirmed and converted into signals
Profitable Signals: The number of the confirmed patterns that have given profitable trades
Confirmation %: The percentage of the confirmed patterns with respect to the total occurrences of this pattern
Profitable Signal %: The percentage of the successful confirmed patterns with respect to the total confirmed patterns
Per Trade Profit %: Total Profits / Total Trades
Per Trade Loss %: Total Losses / Total Trades
Per Trade Net%: (Total Profits–Total Losses) / Total Number of Trades
Samples: Live sample ticker symbols from stock exchanges with links to stock pages of the related bulls.com© family websites
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