Spinning Tops Commodities Trading Candle-stick Patterns - Spinning Tops Consolidation Candles Pattern

Spinning Tops Candles Pattern

Spinning tops candlesticks pattern have a small body with long upper & lower shadows. These spinning top candles pattern are referred by this name because these candlestick patterns are similar to spinning top spinning on a matchstick.

The upper and lower shadows of the spinning tops candlesticks patternare longer than the body. The example illustrated and explained below shows the spinning tops candlesticks pattern. You can look for the spinning tops candles pattern in your MT4 commodity charts. The example illustrated and explained below shows a screenshot to help commodity traders when it comes to learning and understanding these spinning tops candlesticks pattern formations.

How to Read Candlestick Commodities Trading Charts Pattern - Spinning Tops Commodity Candle Stick Pattern - How to Trade Spinning Tops Commodities Trading Candlestick Patterns Commodities Trading Analysis - How to Analyze Spinning Tops Candlesticks Pattern

The color of the spinning tops candles pattern isn't very important, this pattern show indecision between buyers and sellers in the Commodities market. When these spinning tops candlesticks patterns appear at the top of a commodity trend or at the bottom of the commodity trend it might signify that the commodity trend is coming to an end and it may soon reverse and begin going the other direction. However, it's best to wait for confirmation commodity signals that the direction of a commodity trend has reversed before trading the trading signal from this spinning top candlesticks pattern formation.

Spinning Top Candle Reversal Patterns Formations on commodity Charts

At the top of an upward commodities trading trend a black/red spinning top candlestick pattern shows that a commodity trend reversal is more likely than when the color is white/blue.

At the bottom of a Commodities downward commodity trend a white/blue spinning top candlestick pattern shows that a commodity trend reversal is more likely than when the color is black/red.

This spinning top candlestick pattern reversal commodity signal is confirmed when the next commodity candlestick that forms after the spinning tops candlestick pattern closes below the neckline of the spinning tops candlestick pattern for a downward commodity trend reversal commodity signal confirmation, and closes above the neckline of the spinning tops candlestick pattern for a reversal commodity signal in a commodities trading downward trading trend.

The spinning tops candles pattern neck line is:

• For an Upward Commodities Trend - The open of the previous candle which was plotted just before spinning top candlestick pattern.
• For a Downwards Commodities Trend - The open of the previous candlestick which was plotted just before spinning top candle pattern

Below is example of this Japanese candlestick commodity charting techniques where this spinning tops candlesticks pattern has formed and how to trade it. On the commodities chart below when the commodities price moved above the neckline the commodity trend reversal commodity signal given by the spinning tops candlestick pattern was confirmed and this was a good point to exit the short sell commodities trade transaction.

Spinning Top Candles Pattern on a Chart - Spinning Tops Commodities Candlesticks Pattern - Spinning Tops Consolidation Candlesticks Pattern

The color of the spinning tops candle pattern formed is blue therefore meaning that a commodity reversal was more likely as opposed to if the color of the spinning tops candlestick pattern had been red.