What Is Spinning Top Candlestick Pattern? | FxreviewTrading

"A symmetrical chart pattern called a spinning top candlestick pattern offers helpful information about the state of the market for a particular asset. The pattern shows the lack of control both the buyer and the seller have over the transaction due to the ambiguity surrounding the asset's future path.

When a buyer drives the price of an asset up while a selling drives it down at the same time, a spinning top candlestick pattern results.

When the closing price is close to the open, the pattern predicts a tie between the two sides. However, if the candle shows a strong price uptrend or downturn, the spinning tops may point to a potential price reversal."

Posted : 04.10.2022 | 0 views

Collection : Websiteseo



No likes for this Post yet. Click the heart button to like this post


More from this collection

360 Digital Marketing ...

Let’s Rank Your Business To The Top – You can start your business develop your business but you can’t grow your business without Digital Marketing.

AH Group of Companies

We are an emerging conglomerate of various businesses including real estate development, brokerage, architecture, construction, corporate brand building and marketing.

Top astrologer in Mumb...

Top, genuine and famous astrologer in Mumbai, R K Sharma ji is South Indian astrologer that is also famous for his astrological services for celebrities and normal people.

How Website Maintenanc...

In this blog you can learn about the website maintenance services in India that can benefit a business.

Does a Digital Agency ...

Just like anywhere in the world, digital, online businesses greatly supported Pakistani economy. Adaxiom, is the one Digital agency in Lahore.

The Best Vape Smoke Sh...

Find latest collection A1 Smoke shop Fontana CA, Vape pens and Disposable, Cigarettes, Tobacco, Hookah, Accessories at Smoke Shop Fontana CA.

Various Types of Farm ...

Most of the machines have come into existence right from the industrial period and culminated during the contemporary hours. In this blog post, you will know common farm equipment used in agriculture.

Visiting Vineyard and ...

INTRODUCTION: If playing a wine excursion, most of the picturesque vineyards are what you’ve got in mind for a serene weekend getaway, the vineyards in Bangalore are simply the vicinity for you. In recent years, viticulture and wine tourism has been developing hastily in India with Karnataka being the second one biggest manufacturer of wine,

Ayurvedic Hospital in ...

Best Ayurvedic Hospital in Hyderabad: Authentic Panchakarma Treatments from Experienced Ayurvedic Doctors in Hyderabad. ✔NABH Accredited Clinic. Call @ +91 9703577700.

Centre for Public Inte...

Centre for Public Interest Litigation check more details from here...

Add a comment

Login or signup to post comments
No comments yet... be the first to comment on this post.