BEARISH 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 selling decisions.
BEARISH ABANDONED BABY
Definition
This is a three-candlestick pattern signaling a major top reversal. It is exactly the same as the Bearish Evening Doji Star with one important difference. The shadows on the Doji must also gap above 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 white candlestick followed by a Doji that gaps away (including shadows) from the prior white candlestick and the following black candlestick whose closing is well into the first white body.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. A white candlestick is observed on the first day.
3. Then we see a Doji on the second day whose shadows gap above the previous day’s upper shadow.
4. Third day’s black candlestick gaps in the opposite direction with no shadows overlapping.
Pattern Requirements and Flexibility
The Bearish Abandoned Baby should start with a white candlestick that is not short, and it must continue with a Doji accompanied by a gap away from the prior candlestick (including shadows). The third day of the pattern is a black candlestick. The gap between the high of this candlestick and the low of the Doji may be null. The black candlestick must close well into the white candlestick that appears at the beginning of the pattern. The extent of how low 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 highest body level.
Trader’s Behavior
A white candlestick confirms the continuation of the uptrend that is in progress. The appearance of the Doji accompanied by a huge gap indicates that the bulls are still pushing up the price. However, the tight price action between the open and close shows indecision and reflects deterioration in the prior trend. On the third day, prices gap lower on the open and then close much lower. Bears have taken control of the market.
Sell/Stop Loss Levels
The confirmation level is defined as the last close. Prices should cross below this level for confirmation.

The stop loss level is defined as the higher of the last two highs. Following the bearish signal, if prices go up instead of going down, and close or make two consecutive daily highs above the stop loss level, while no bullish pattern is detected, then the stop loss is triggered.
Title
Pattern Performance in Stock Exchanges since 1/1/2015
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
TaiwanTWSE 42150.0050.004.000.503.50
JapanTOKYO 1911757.8963.643.640.553.09
ChinaSZSE 42150.0050.003.501.002.50
FrancePARIS 775100.0071.432.710.292.43
USPREFERRED 32266.67100.002.000.002.00
Saudi ArabiaTADAWUL 21150.00100.002.000.002.00
IndiaBSE 1610562.5050.004.102.401.70
USNYSE 45321971.1159.382.440.751.69
USOTC PINK 2114866.6757.142.140.931.21
The World 29720710669.7051.211.990.911.07
AustraliaASX 54280.0050.001.250.251.00
CanadaTSX 1914773.6850.000.930.210.71
ItalyBORSA 29241082.7641.671.751.040.71
USNASDAQ 117463.6457.142.001.430.57
GermanyXETRA 32241075.0041.671.751.210.54
UKLSE 2316669.5737.501.440.940.50
ChinaSSE 21050.000.000.000.000.00
SwedenSTOCKHOLM 1000.000.000.000.000.00
Poland GPW 1000.000.000.000.000.00
NetherlandsAMSTERDAM 31033.330.000.000.000.00
SwitzerlandSIX 440100.000.000.000.50-0.50
PakistanKSE 43175.0033.330.331.33-1.00
SingaporeSGX 110100.000.000.001.00-1.00
IsraelTASE 110100.000.000.001.00-1.00
South KoreaKRX 72128.5750.000.002.00-2.00
MexicoBMV 220100.000.000.002.50-2.50
Hong KongHKEX 221100.0050.000.002.50-2.50
USAMEX 110100.000.000.009.00-9.00
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

Disclaimers:

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Candlesticker.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

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