The bullish abandoned baby (sute go) candlestick pattern (view full size chart) is one of the triple candlestick patterns (i.e. it consists of three individual candlesticks), and it is a bullish pattern.
The bullish abandoned baby candlestick consists of a downward candlestick (e.g. a red candlestick), followed by a smaller doji candlestick (i.e. a candlestick that opens and closes at the same price), followed by an upward candlestick (e.g. a green candlestick). The second candlestick (the doji) must be completely below both the first and third candlesticks (i.e. the open, high, low, and close, of the doji, must be below the lows of both the first and third candlesticks).
Use In Trading
The bullish abandoned baby pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant downward trend. The bullish abandoned baby pattern is a bullish pattern, and can be used as an indication of the end of a downward trend. The bullish abandoned baby pattern is somewhat similar to some of the other three candlestick patterns, but once the differentiating aspect is understood (e.g. the doji being completely below the other candlesticks), the pattern is relatively easy to identify on a price chart.
