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Spinning Top White and Spinning Top Black

  • Tuesday, 03 February 2009 23:23
  • Last Updated Monday, 03 May 2010 23:15
  • Written by Desmond Wira

Spinning Top candlestick signals neutral price movement, only meaningful in combination with other candlestick patterns. Usually can be found in sideways trend. I suggest that if you find a lot of Spinning Top and Doji, don't enter the market, market is still confuse to decide whether it will going up or down. Financial instrument is traded in very thin price range.

Black and White Candlestick

Type: Neutral
Spinning Top White candlestick signals neutral movement.
Spinning Top Black candlestick signals neutral movement.

Characteristic: short body and long shadows.

 

White candlestick and Black candlestick

 

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