Candlestick Pattern: Spinning Top

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Candlestick Pattern: Spinning Top

Spinning top as you all know is a toy that with a quick twist can be set to turn, the one that Leonardo set to spin in the movie Inception. The spinning top is a fascinating candlestick. Contrary to the Marubuzo, it does not give the trader any signal with particular entry or an exit point.

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The spinning top is used to get vital information concerning the present scenario in the market.

These candlesticks add armour to any trading strategy, as they give the behind the scenes, the psychological scenario of buyers and sellers in the market.

After reading this post, you will be able to spot the spinning top, interpret it and trade it.

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