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INTRODUCTION

BASIC CANDLESTICKS

http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=3203

BULLISH PATTERNS

BEARISH PATTERNS

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 days upper shadow.
4. Third days black candlestick gaps in the opposite direction with no shadows overlapping.
Pattern Requirements and Flexibility

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 patterns strength
and reliability and help you in your selling decisions.

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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 days closing must reach the midpoint between the first days opening and the second days highest body

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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

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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.

Pattern Performance in Stock Exchanges since 1/1/2013


Patterns
Total

Confirmed
Total

Profitable
Signals

Confirmation
%

Profitable
Signal%

Profit%

Per Trade

Country

Stock Exchange

Website

Loss%

Total Net%

Samples

Canada

TSX-V

Canadabulls

100.00

100.00

21.00

0.00

21.00

Taiwan

TWSE

Taiwanesebulls

100.00

100.00

12.00

0.00

12.00

Canada

TSX

Canadabulls

55.56

40.00

6.60

0.20

6.40

Australia

ASX

Aussiebulls

100.00

100.00

5.00

0.00

5.00

South Korea

KOSDAQ

Koreanbulls

75.00

100.00

4.33

0.00

4.33

Sweden

STOCKHOLM

Swedishbulls

50.00

100.00

3.00

0.00

3.00

US

OTC PINK

Americanbulls

19

10

52.63

40.00

4.30

1.80

2.50

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Candlesticker, BEARISH ABANDONED BABY PATTERN.

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Japan

TOKYO

Japanesebulls

Norway

OSE

Greece
France

http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=3203

16

37.50

50.00

3.00

0.83

2.17

Norskbulls

100.00

100.00

2.00

0.00

2.00

ATHENS

Greecebulls

100.00

100.00

2.00

0.00

2.00

PARIS

Francaisbulls

75.00

66.67

2.00

0.33

1.67

230

139

77

60.43

55.40

2.55

0.94

1.61

The World
US

NYSE

Americanbulls

46

28

16

60.87

57.14

1.96

0.68

1.29

US

PREFERRED

Americanbulls

50.00

100.00

1.00

0.00

1.00

Germany

XETRA

Deutschebulls

17

13

76.47

38.46

1.85

1.08

0.77

Italy

BORSA

Italianbulls

16

15

93.75

60.00

1.47

1.13

0.33

Switzerland

SIX

Swissbulls

66.67

50.00

1.00

0.75

0.25

India

BSE

Hindustanbulls

21

13

61.90

53.85

2.46

2.38

0.08

Portugal

LISBON

Portuguesebulls

0.00

0.00

0.00

0.00

0.00

US

AMEX

Americanbulls

0.00

0.00

0.00

0.00

0.00

Netherlands

AMSTERDAM

Dutchbulls

25.00

0.00

0.00

0.00

0.00

China

SZSE

Chinesebulls

0.00

0.00

0.00

0.00

0.00

Japan

NAGOYA

Japanesebulls

0.00

0.00

0.00

0.00

0.00

Israel

TASE

Israelibulls

100.00

0.00

0.00

0.00

0.00

India

NSE

Hindustanbulls

100.00

100.00

0.00

0.00

0.00

US

NASDAQ

Americanbulls

55.56

40.00

0.60

1.00

-0.40

UK

LSE

Britishbulls

55.56

40.00

0.00

0.60

-0.60

Taiwan

GTSM

Taiwanesebulls

100.00

0.00

0.00

1.00

-1.00

Singapore

SGX

Singaporebulls

100.00

0.00

0.00

1.00

-1.00

Mexico

BMV

Mexicanobulls

50.00

0.00

0.00

2.00

-2.00

US

WARRANTS

Americanbulls

50.00

0.00

0.00

3.00

-3.00

South Korea

KRX

Koreanbulls

20.00

0.00

0.00

4.00

-4.00

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 ProfitsTotal 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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Candlesticker, BEARISH ABANDONED BABY PATTERN.

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http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=3203

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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