This Investopedia article describes a bullish abandoned baby with the following characteristics:
1. It is a pattern consists of three price bars that indicate a trend reversal.
2. The first price bar is red showing a huge sell-off.
3. The second price bar is a doji formed from a gap down indicating indecision.
4. The third price bar is green showing that the bulls have regained control.
5. However, some technical analysts allow variations in this pattern such as:
a. The doji did not gap down
b. The appearance of more than one doji
If PSEi will have a green price bar tomorrow, that will complete the pattern and that would signal that the current sell-off is about to reverse.
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