Tuesday 17 June 2014

Spinning top Candlestick Pattern

Spinning Tops Candlestick has an upper shadow, lower shadow
and has a small real body. Upper shadow and lower shadow are longer than the real body
Spinning Tops is a sign of the indecision between the buyers and sellers.
The small real body shows little movement from open to close, and the shadows be a sign of that both buyers and sellers were aggressive but nobody could gain the upper hand.

Spinning top Candlestick Pattern


Spinning top candlestick pattern signals a possible reversal in trend. When spinning top appears in an uptrend a reversal to the downside may be impending. When a spinning top seems in a downtrend there may soon be a reversal to the top.

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