MarvelChart en Help

Black Spinning Top

Spinning tops are candles with very small bodies. They are different in nature from long candles, which show the strength of the trend. In this case we are dealing with indecision.

The meaning of a spinning top depends largely on the current situation on the chart. If one or more spinning tops occur in a stable market, it means nothing in terms of predicting how prices will evolve. However, when the market is growing rapidly and there is this type of candle, long shadow and small body, it means that, despite the large fluctuations during the session, the market does not have the strength to continue the current trend.

Last modified: 13 December 2024