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Spinning Top

The meaning of the Spinning Top:
  • When the market opened, both buyers and sellers tried to take control (which resulted in a long upper and lower shadow).
  • At the end of the session, neither side has the upper hand (small real body)
In summary, the Spinning Top candle shows significant volatility in the market, the pressure is vying for control between buyers and sellers but there is no clear winner.
Last modified 1yr ago