The bearish 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 bearish pattern.
The bearish abandoned baby candlestick consists of an upward candlestick (e.g. a green candlestick), followed by a smaller doji candlestick (e.g. a candlestick that opens and closes at the same price), followed by a downward candlestick (e.g. a red candlestick). The second candlestick (the doji) must be completely above both the first and third candlesticks (i.e. the open, high, low, and close, of the doji, must be above the highs of both the first and third candlesticks).
Use In Trading
The bearish 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 upward trend. The bearish abandoned baby pattern is a bearish pattern, and can be used as an indication of the end of an upward trend. The bearish 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 above the other candlesticks), the pattern is relatively easy to identify on a price chart.
