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Bearish Spinning Top

Bearish Candlestick Pattern

Tobi Frenzen
Author
Tobi Frenzen
Published
October 28, 2024
Author
Tobi Frenzen
Published
Oct 28, 2024
Bearish Spinning Top Candlestick Pattern
Bearish Spinning Top - Bearish Single Candlestick Pattern

Pattern Details

Bearish Spinning Top

Bias

Bearish

Type

Single Candlestick Pattern

Description

Small body with wicks in an uptrend, slightly leaning bearish.

Meaning

Indicates indecision with a bearish tilt, and may signal reversal if followed by selling.

What is the Bearish Spinning Top pattern?

The Bearish Spinning Top is a small-bodied candle with wicks on both ends, appearing in an uptrend and hinting at a potential shift in sentiment. This pattern suggests that while the trend remains intact, buyers may be losing strength, as both sides of the market appear balanced.

The Bearish Spinning Top highlights moments where selling pressure is emerging, providing traders with an early warning of a possible reversal. For those interested in understanding these signals further, The Chart Guys provide a range of tools and educational content to support your trading journey.

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