Single Candlestick Patterns?👇
The Round Top candlestick pattern has a short body centered between wicks of equal length. The pattern indicates indecision in the market, resulting in no meaningful price change: buyers sent the price higher, while sellers pushed it back down. Round tops are often interpreted as a period of consolidation or rest, following a significant uptrend or downtrend.
A round top on its own is neutral, but it can be interpreted as a sign of things to come because it indicates that current market pressure is losing control