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Spinning Top

 

Description

 

This pattern is formed with a small short real body with both a long lower and upper shadow. Spinning tops represent indecision. There is little or weak price movement within the real body from open to close, and the shadows show that both the bears as well as the bulls were equally active --- a standoff. If you see it after a big downtrend or big uptrend, it could signal a reversal.

 

Market Opinion

Neutral.

Pattern

Description: Description: C:\avasaramworkspace\avasaramWeb\web\tutorials\candlesticks\Spinning Top_files\image001.jpg 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
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