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 change in price: buyers sent the price higher, while sellers pushed it back down. Round tops are often interpreted as a period of consolidation or rest, after a significant uptrend or downtrend.
A rounded top on its own is considered neutral, but it can be interpreted as a sign of things to come as it indicates that the current market pressure is losing control.
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