Investor Glossary-bullish abandoned babyInvestor Glossary-bullish abandoned babyInvestor Glossary-bullish abandoned babyInvestor Glossary-bullish abandoned babyInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Bullish Abandoned Baby

The HTML to link to this page
 

The bullish abandoned baby is a rarely seen candlestick charting pattern that traders consider reliable at predicting reversals. Three candles comprise the bullish abandoned baby: a long black candle the first day, followed by a doji candle the second day that gaps below the black candle, followed by a white candle the third day that gaps above the doji. If the bullish abandoned baby occurs during or soon after a downtrend, it signals the reversal of the downtrend. Some traders consider the bullish abandoned baby more reliable when used with other technical indicators (eg: RSI, MACD, stochastics, etc.). In foreign exchange markets the bullish abandoned baby pattern manifests itself with a slight difference. Because gaps are very rare in currency trading, the doji element in the forex version of the bullish abandoned baby doesn't require a gap down, and the following white candle doesn't require a gap up. The counterpart to the bullish abandoned baby is the bearish abandoned baby.



Rate this Bullish Abandoned Baby definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: stock market close, quality assurance, reverse mortgage, Key Rate Duration, annual return, option premium, in escrow, VIX, Zero Cost Collar, ex-dividend date, deferred tax, limit order, cancelled check, open position, current ratio, labor relations, margin rate, wholly-owned subsidiary, retained earnings, implied volatility, diluted share, LIBOR, debt service coverage, APR, dividends payable, class C shares, liquidity ratio, 144a, minority interest, 1031 exchange, deferred revenue, inflation, covered put, balance sheet, phantom income, per diem, 401a, average price per share, risk management, required rate of return, FTSE, irrevocable trust, FICO score, stock split, EBITDA, ex-dividend, real GDP, 1035 exchange, command economy


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use