Concealing Baby Swallow is a bullish trend reversal candlestick pattern consisting of four candles.
The Concealing Baby Swallow candlestick pattern is recognized if:
The first two candles are bearish, continue the downtrend and miss both upper and lower shadows (Marubozu);
The third candle is bearish, has long upper shadow and opens with a gap down from the second candle;
The High price of the third candle is greater than the second candle's Close price;
The fourth candle is bearish, misses shadows and completely engulfs the third candle.
||The number of candles used to calculate the average body height.|
||The number of preceding candles to check if the trend exists.|
||The factor used when checking if a shadow is long. A shadow is considered long if its length exceeds the average body height multiplied by this factor.|
||The Concealing Baby Swallow candlestick pattern.|