Spinning top is a Japanese candlesticks pattern with a short body found in the middle of two long wicks.

A spinning top is indicative of a situation where neither the buyers nor the sellers have won for that time period, as the market has closed relatively unchanged from where it opened; the market is indecisive regarding its trend. The upper and lower long wicks, however, tell us that both the buyers and the sellers had the upper hand at some point during the time period the candle represents. When a spinning top forms after a run up or run down in the market, it can be an indication of a pending reversal, as the indecision in the market is representative of the buyers losing momentum when this occurs after an uptrend and the sellers losing momentum after a downtrend.

From Wikipedia, the free encyclopedia. Breakout Dead cat bounce Dow theory Elliott Wave Principle Market trend. Candlestick chart Kagi chart Line chart OHLC chart Point and figure chart. Broadening top Cup and handle Double top and double bottom Flag and pennant Gap Head and shoulders Island reversal Price channels Triangle Triple top and triple bottom Wedge pattern. Doji Hammer Hanging man Inverted hammer Marubozu Shooting star Spinning top.

Spinning

Hikkake pattern Morning star Three Black Crows Three white soldiers. Bottom Fibonacci retracement Pivot point PP Top.

Average directional index A. Advance—decline line ADL Arms index TRIN McClellan oscillator. Coppock curve Ulcer index.

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Understanding The Spinning Top And Marubozu Candlestick Pattern - Market Realist

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Introduction to Candlesticks [ChartSchool]

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Unsourced material may be challenged and removed. July Learn how and when to remove this template message. Chart Broadening top Cup and handle Double top and double bottom Flag and pennant Gap Head and shoulders Island reversal Price channels Triangle Triple top and triple bottom Wedge pattern. Simple Doji Hammer Hanging man Inverted hammer Marubozu Shooting star Spinning top.