Concealing Baby Swallow Candlestick Charting Example
The first two days of the concealing baby swallow pattern are two black marubozus. The third day gaps down on the open, but the price eats into the body of the second day prior to closing lower.
Concealing Baby Swallow
This pattern is characterized by two black marubozus. Marubozus are real bodies without shadows that extend from either end of their body.
Concealing Baby Swallow
Discussion
As I mentioned, I found just four concealing baby swallow candlestick patterns when I researched my Encyclopedia of Candlestick Charts book, so there is not much to tell.
Bullish Concealing Baby Swallow
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This pattern signals a trend...
CONCEALING BABY SWALLOW
Description
The first two days of the signal, two Black Marubozus, demonstrate the continuation of the downtrend. The third day, the Reverse Hammer illustrates that the downtrend is losing steam.
Concealing Baby Swallow Bullish
Pattern: Reversal
Trend: Bullish
Reliability: High ...
Concealing Baby Swallow
Pattern: reversal
Reliability: high
Identification
The first two days are Black Marubozu days (open is the high of the day and the close is the low of the day).
Candlestick clusters, or sets of bars, yield popular patterns with intriguing names, like "dark cloud cover" or "concealing baby swallow." These formations are vulnerable to misinterpretation because they sound really insightful.
HIGH PROBABILITY BULLISH REVERSAL PATTERNS:
Piercing Line, Kicking, Abandoned Baby, Morning Doji Star, Morning Star, Three Inside Up, Three Outside Up, Three Red Soldiers, Concealing Baby Swallow
...
Doji Star, Bullish Abandoned Baby, Bullish Tri Star, Bullish Breakaway, Bullish Three Inside Up, Bullish Three Outside Up, Bearish Three Outside Down, Bullish Kicking, Unique Three Rivers Bottom, Three Stars in the South, Concealing Baby Swallow, ...
 See also: Pattern, Body, Candle, Close, Reversal
  
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