Candlestick figure "Abandoned baby".

A rare pattern with a plaintive name is a fairly strong signal of a trend reversal, especially if all the conditions for its formation are fully met.

The Abandoned Baby pattern consists of three Japanese candlesticks: the first long candlestick is a trending candlestick, the second is the baby itself (a doji candlestick) with a minimal body, and the third is already formed in the direction of the new trend.

Abandoned baby can be of two types:

• Abandoned baby of the top - occurs during a downward trend, which ends with a long bearish candle, then a sharp jump in price ( gap ) follows and a doji is formed, after which there is another price gap and a bullish timeframe is formed.

• Abandoned Baby Bottom - appears during an uptrend, but the situation reverses in the opposite direction to the example described above. After this pattern appears, the probability of an uptrend is at its highest.

This candlestick pattern appears quite rarely and practically never gives false signals of a trend reversal, but after its appearance, it's still a good idea to check the market situation using Forex indicators .