Spinning top candlestick pattern

Spinning top candlestick pattern

Spinning Top pattern ek candlestick pattern hai, jo price action analysis mein use kiya jata hai. Is pattern mein, ek single candlestick formation hoti hai, jismein price range narrow hoti hai aur body small hoti hai. Is pattern ki wazahat aur characteristics niche diye gaye hain: Spinning top candlestick pattern 1. Structure: Spinning Top pattern mein, candlestick ka body small hota hai, jo price range ke beech mein hota hai. Upper aur lower shadow dono taraf extend hote hain, jisse spinning top shape banta hai. Body ke size shadow se chota hota hai. 2. Indication: Spinning Top pattern, market ki indecision ya consolidation ki indication deta hai. Is pattern mein buyers aur sellers ke beech equilibrium hota hai, jiske wajah se price range narrow hoti hai. Ye pattern, trend reversal ya continuation ke signals ke saath bhi dikhta hai. 3. Bullish Spinning Top: Agar spinning top ka body green (upward) color mein hai, toh ise bullish spinning top kehte hain. Is pattern mein, buyers initially price ko up move karte hain, lekin sellers bhi active rehte hain aur price ko neeche le jaate hain. Ye pattern bullish trend ke continuation ya reversal ki indication deta hai. 4. Bearish Spinning Top: Agar spinning top ka body red (downward) color mein hai, toh ise bearish spinning top kehte hain. Is pattern mein, sellers initially price ko down move karte hain, lekin buyers bhi active rehte hain aur price ko up le jaate hain. Ye pattern bearish trend ke continuation ya reversal ki indication deta hai. 5. Confirmation: Spinning Top pattern ka confirmation, next candlestick ki price action se hota hai. Agar next candlestick, spinning top ke high ya low se bahar open hota hai aur price move karta hai, toh pattern ka confirmation hota hai. Confirmation ke baad traders ko buy ya sell signal milta hai. 6. Context: Spinning Top pattern ka sahi interpretation, overall market context aur trend analysis ke saath karna zaruri hai. Agar spinning top uptrend ke baad dikhta hai, toh ye trend reversal ki indication ho sakta hai. Lekin downtrend ke baad dikhta hai, toh ye trend continuation ki indication ho sakta hai. Spinning Top pattern, price action analysis mein important hai, lekin isko samajhna aur interpret karna traders ke liye zaruri hai. Isliye, professional advice aur market research ke saath is pattern ka istemal karna behtar hoga.