Candlestick Patterns

Spinning Top Bullish

The Spinning Top Bullish is a bullish indecision pattern represented by one candle. It is increasing, has a short body and long wicks on both sides. The Spinning Top Bullish can be considered as another type of Doji, and as previously mentioned, it is an indecision pattern. However, since it closes above its open, the candle increases and the pattern has a higher likelihood to lead to increases in the price. Many traders use this pattern to detect signs of weakness during downtrends. Then, proceed to open a long position.

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