Spinning Top

A Spinning Top is a single-candle pattern characterised by a small real body — indicating that the open and close were very close to each other — with upper and lower wicks that are significantly longer than the body. It signals indecision in the market: despite active trading and price movement in both directions during the session, neither buyers nor sellers gained a decisive edge by the close. A Spinning Top appearing after a strong trend is a warning sign that momentum may be waning and a reversal or consolidation could follow. It is most significant at extremes — at the top of an uptrend or the bottom of a downtrend — but requires confirmation from the following session's candle before traders act on it as a reversal signal.