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Candlestick Patterns

Abandoned Baby Pattern

Overview

The abandoned baby is a rare three-candle reversal pattern considered one of the most reliable candlestick signals. It forms when a doji gaps away from the preceding candle and the following candle gaps in the opposite direction, leaving the doji isolated with gaps on both sides. The pattern indicates a dramatic shift in market sentiment where momentum completely reverses between sessions.

Key Concepts

A gap must exist on both sides of the central doji candle, separating it from the candles before and after. The bullish version appears at the bottom of a downtrend with a gap-down doji followed by a gap-up bullish candle. The bearish version appears at the top of an uptrend with a gap-up doji followed by a gap-down bearish candle. This pattern is extremely rare in twenty-four-hour crypto markets because gaps require a session close. Volume typically spikes on the third candle as new participants enter.

Entry Signals

Enter on the close of the third candle confirming the reversal direction. Gap confirmation on both sides of the doji is mandatory. Look for the pattern at major support or resistance levels for added confluence. Volume should noticeably increase on the confirmation candle.

Exit Signals

Stop beyond the doji's extreme wick on the trend side. Target a measured move equal to the height of the prior trend leg. Exit if the gap between the doji and the third candle fills completely. Partial profit at the nearest significant structure level.

Best Timeframes

Daily, Weekly

Pro Tips

Because crypto markets trade continuously, the abandoned baby is more commonly found in traditional equity and commodity markets with session gaps. In crypto, look for near-gap equivalents during low-liquidity periods. When this pattern does appear, its rarity makes it a very high-conviction signal.