Spinning Top Candle Pattern. Spinning top candlestick pattern spinning top candle spinning top patterns trading technical analysis ta japanese candlesticks in this less. Illustration candle with a short body and long wicks on both sides.
This is a very mysterious candle by its nature. The spinning top candle shows that price ended up closer to the open or the close at the end of the time frame than to the extremes of the trading. It has a small body or even nobody.
Similar to a doji pattern a spinning top is considered a neutral pattern although many do end in reversals.
It shows that neither buyers or sellers are in control and that the market is deciding on its next move. A spinning top is a single candlestick pattern that has a body in the middle of two longer wicks. Spinning top pattern is single candlestick pattern. Spinning top candlestick is a pattern with a short body between an upper and a lower long wick.