Candlestick Pattern

The Bullish Abandoned Baby is a rare three-candlestick bullish reversal pattern that forms at the bottom of a downtrend, signalling a potential trend reversal. The pattern consists of a long bearish candle, followed by a Doji that gaps down, and then a strong bullish candle that gaps up, leaving the Doji "abandoned" with no price ... Read more

The Hammer is a single candlestick pattern that appears at the bottom of a downtrend, suggesting a potential reversal to an uptrend. It indicates that although sellers controlled the price initially, buyers stepped in, rejecting lower prices, which could signal the weakening of the downtrend. Characteristics • Appears after a downtrend, indicating a potential shift … Read more