Spinning Top Candlestick
· Many mistakenly think that Spinning Top is a bearish pattern, perhaps because of the word “top” in it.
· In isolation, it is essentially a neutral/hesitation/indecision pattern; Per Bulkowski, spinning tops reverse the prior trend only about 50% of the time (a coin flip).
· A spinning top candlestick is a short‑body candle with long upper and lower wicks, signaling market indecision and potential trend reversal or continuation depending on context
· While Investopedia does not have a dedicated “spinning top” entry, its candlestick charting guide explains that each candlestick is defined by open, high, low, and close prices. A spinning top is a specific variation where the real body is very small (open and close are nearly equal) and is flanked by long wicks on both sides. This shape shows that during the period, price moved significantly in both directions but ended near the starting level.
· How it forms
· Small body: Open and close prices are almost the same. Lon

