This article has been translated from English to Gen Z Slang.
The "Abandoned Baby" is actually kinda lit—it’s a reversal move in those Japanese candlestick patterns, made with three candles: one doji and two with bodacious bodies. 🔥
You’ll peep gaps both before and after the doji, like someone forgot their filter reel. 😂
This doji’s shadows gotta fully gap either below or above the shadows of the first and third candle, okay fam? 👀
We got two types of Abandoned Baby:
- Bullish Abandoned Baby 👍
- Bearish Abandoned Baby 👎
NGL, the Abandoned Baby pattern is rare AF 'cause the price gotta meet some specific vibes to drop this pattern. 🌟
Wanna spot an Abandoned Baby? Keep your eyes peeled for these deets:
Bullish Abandoned Baby
- Need a thicc black (or red) candlestick chillin' in a downtrend. 📉
- That black candle’s got to be followed by a doji that gaps below the end of candle numero uno.
- The last candle in this trio must be white (or green) and open like a boss above the doji.
Bearish Abandoned Baby
- Need that big white (or green) candlestick on a serious uptrend. 📈
- White candle’s gotta be followed by a doji gappin’ above the end of the first candle.
- The final candle in the trio must be black (or red) and open all shady below the doji. 🕶️
Keeping them gaps tight between first and second, plus second and third candles is KEY. 🗝️
Neighboring candles must NOT overlap.
If they start vibin’ too close, it’s your classic Morning Star or Evening Star sitch. 🌟
The Abandoned Baby pattern's all about flipping the script. 🙃
After a hardcore uptrend or downtrend, there's that pause—a lil Spotify ad break kinda moment shown by the doji. 😅
Then bam, the momentum shifts faster than a hyped-up DJ switchin’ tunes! 🎶
If it was all uphill vibes, bears come in and slam it down. 🐻
If it’s been a downhill slide, bulls roll up to lift it higher. 🐮
This rapid flip is your signal for a major reversal event. 🚨
The bigger the gap, the bigger the BOOM in reversal. 💥