This article describes the White Spinning Top basic candle. Spinning tops are candles with very small bodies. They are different in nature compared to long candles, which show the strength of the trend.

What is a White Spinning Top? A white spinning top is a bullish candlestick chart pattern that indicates that the closing price of a security or other financial instrument was higher than the closing price.

White spinning tops are candlestick lines that are small, green-bodied, and possess shadows (upper and lower) that end up exceeding the length of candle bodies. They often signal indecision between buyer and seller. To look for the spinning top among the red candles, you can use the Spinning Top Black candle pattern.

A spinning top is a candlestick with a small body in the middle of long upper and lower shadows. It indicates a small difference between the open and close prices within a large trading range. Spinning tops are commonly seen during market indecision, reversals, …

2023年10月13日 · The bullish spinning top, also known as the white spinning top, is a single-bar Japanese candlestick pattern representing indecision. But what if I told you that this spinning top pattern represents incoming volatility and can be traded profitably according to our 21-year backtest across the crypto, forex, and stock market?

2024年8月30日 · Known as spinning top candlesticks, they signal indecision in the market. Spinning tops form when the bulls and bears battle for control of price, but neither side can overwhelm the other. Here’s how it happens: First, the bulls push price beyond the open, causing the candle to turn bullish. The bears, of course, don’t like this.

In a Spinning Top White pattern, the color of the small body is white (or green in some charting systems), indicating that the closing price was higher than the opening price during the time period, despite a lot of price movement in both directions.

2024年10月11日 · Analysts distinguish a few variations of this pattern: A white spinning top candlestick – a candle where the closing price is higher than the opening price. A black spinning top candlestick – a candle where the closing price is lower than the opening price.

If a White Spinning Top is observed after a long decline or a long black candlestick, it implies weakness among the bears and serves as a warning of a potential change or interruption in the trend. Like most other single candlestick patterns, the White Spinning Top has low reliability.

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