Candlestick Patterns
Spinning Top
A small-bodied candle with wicks, showing indecision
A spinning top has a small body with upper and lower wicks. Unlike a doji, it has a visible body but still represents indecision. The small body shows neither buyers nor sellers gained significant ground.
✓How to Recognize
- •Small body (not as small as doji)
- •Both upper and lower wicks present
- •Wicks roughly similar in size
- •Shows market indecision
⚡How to Avoid
- →Less significant than doji at key levels
- →Needs confirmation like any indecision candle
- →Context determines if it matters
- →In trends: potential pause or reversal warning