Spinning top candlestick
A spinning top is a single-candle pattern with a small real body positioned roughly in the middle of its range, flanked by upper and lower wicks of similar, noticeable length. Unlike patterns that signal a clear directional bias, a spinning top represents indecision, a session where both buyers and sellers pushed the price meaningfully in their favor at different points, but neither side managed to hold control by the close.
The small body forms because the 's open and close ended up close together despite a lot of movement in between, while the long wicks on both sides show that price ranged well above and below that narrow open to close band during the session. This is different from a , which has an even smaller or nonexistent body, but the interpretation is similar, the market went back and forth without either buyers or sellers winning decisively.
A spinning top carries the most significance when it appears after a strong, sustained move in one direction, since it can mark the point where that trend is starting to lose momentum as the opposing side begins to push back. On its own, however, a single spinning top is a fairly weak signal, and traders generally wait to see how the next session or two plays out, a strong move in either direction after a spinning top can confirm whether the indecision is resolving into a continuation of the prior trend or the start of a reversal.