SPINNING TOP

From this spinning top we can get bullish or bearish signals, depending on the open and close prices of the candle.

This pattern has low and medium accuracy for predicting price movements.

The characteristic of a spinning top is that it has two elongated shadows at the top and bottom with a small body.

This pattern reflects uncertainty between buyers and sellers. This graph is usually considered neutral, because in that period there is a deadlock.

When this spinning top appears during an uptrend it means there are more sellers than buyers, when it appears in a downtrend it means there are more buyers than sellers.