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Spinning Top - Potential Reversal Signal
A spinning top forming at the peak of an uptrend can hint at a shift coming. Here's what you're seeing: a small candle body sandwiched between two long wicks—upper and lower. The key indicator? Those wicks combined should be roughly twice the body's length. This pattern screams indecision. Bulls pushed up, bears pushed down, and neither side won. The market's basically saying "we're unsure here." When this shows up after a strong rally, it often means momentum's fading. Traders watch this closely because it can precede a pullback or even a reversal. Not a guarantee, but definitely worth monitoring on your charts.