章节 3  Spinning Top

Spinning top is a candlestick pattern with a substantially shorter body surrounded on both sides by two long candlestick wicks. It can be either bullish or bearish at the candle close. This candlestick pattern is often located within an uptrend, downtrend and/or consolidation (sideways movement) signifying possible reversals.

A spinning top candlestick is formed when the bulls send the price higher than the opening price, and the bears then push it back down before the market closes. Or, when bearish traders push prices lower than the open price and bullish traders push it back up before the market closes.

There are two variations of this chart pattern: the bullish spinning top (white in color) and the bearish spinning top (orange in color). The bullish formation occurs when the closing price is higher than the opening price, while the bearish pattern occurs when the opening price is higher than the closing price.

Spinning Top-第1张图

The identification mark for an ideal spinning top will be:

●Very small actual body

●The length of shadow should be more than the length of the body.

●Length of the upper and lower shadow has to be more or less of the same size.

●The more the length of the shadow, is considered to be a more powerful indication.

●The color of the candle does not have much significance.

How to trade the Spinning Top Candlestick Pattern?

Spinning Top pattern simply means that neither the buyers nor the sellers could gain the control of the market. However, we usually can get the signals that spinning top releases by its location on the chart.

Spinning Top at the top in an Uptrend

Spinning Top-第2张图

This could mean:

The

关于我们 用户协议隐私政策风险披露认证协议社区准则 帮助中心 意见反馈
App Store Android

风险披露

金融工具交易属于高风险投资活动,有导致部分或全部投资本金损失的风险,可能不适合所有投资者。本网站所包含的任何观点、聊天信息、通知、新闻资讯、研究调查、分析、价格或其他信息都是作为一般市场信息提供的,仅供教育和娱乐之用,并不构成投资建议。 所有的观点、市场行情、推荐或任何其他内容可能随时会改变,恕不另行通知。Trading.live对因使用或根据这些信息而直接或间接造成的任何损失或损害概不负责。

© 2024 Tradinglive Limited. All Rights Reserved.