• Candlestick-Pattern

    Spinning Top

    A spinning top candlestick is a candlestick pattern in technical analysis that signals market indecision or uncertainty. It features a small real body with relatively long upper and lower shadows Characteristics : Small Real Body: The open and close prices are very close to each other, indicating that neither buyers nor sellers were able to gain control. Long Upper and Lower Shadows: The long wicks show that there was significant price movement in both directions during the trading period, but ultimately, the price closed near its opening level. Interpretation Indecision: The spinning top suggests that there is a balance between supply and demand, with neither bulls nor bears able to…

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