A spinning top has a small body with wicks on both sides, showing that price moved in both directions but closed near the open. Like the doji, it reflects indecision and a possible pause or turn.
It is most useful as a heads-up to watch the next few candles closely.
▶ Practice the Spinning Top pattern free →Use it as a warning, not a signal. Confirmation from following candles is required before trading.
See all patterns in our candlestick patterns guide, or compare it with related patterns like doji, bullish engulfing, bearish engulfing. Or jump straight into the free trainer to test yourself.