Candlesticks (15 lessons)
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Spinning Top

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Overview

A spinning top or (koma) is a candlestick which the body of the candlestick is smaller than the lower and upper wicks. This candle represents a neutral position in which neither the bulls or bears are able to gain control during the trading session. The color of the real body is irrelevant as the body of the candle is so small. If a spinning top arises after a strong uptrend or downtrend, it is an early sign that the trend could be reversing. Traders should wait for more confirmation that the trend is changing prior to taking a short or long position.

Spinning Top

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