How to Read a Spinning Top Candlestick
A small body with wicks of similar length on both sides -- a milder cousin of the doji, showing a balanced tug-of-war.
A small body with wicks of similar length on both sides -- a milder cousin of the doji, showing a balanced tug-of-war.
← Back to the full guide: How to Read Candlestick Patterns
1-candle pattern · Indecision
A spinning top has a small body (bullish or bearish) with upper and lower wicks of roughly similar, moderate length. It’s conceptually close to a doji but with a slightly larger body, showing a session where price moved meaningfully in both directions without either side gaining a decisive advantage.
Spinning tops show up often in normal market activity and, in isolation, aren’t a strong signal either way. Where they matter more is in sequence — a string of spinning tops after a strong trend can reflect a market genuinely losing conviction, which is a different (and often more reliable) read than any single spinning top on its own.
This article is educational only and isn’t a recommendation to trade any particular instrument or pattern — no candlestick pattern works in isolation. See the full candlestick guide for how patterns like this one fit into a broader approach.