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Spinning Top Candle
Spinning top candlestick pattern aik small body rakhne wali candle hai, jis k upper aur lower side par aik long shadow ya wicks hotti hai. Spinning top candle ziadda tar neutral candles hotti hai, q k is candle main prices dono sides (bullish aur bearish) par mustarad ho jatti hai.
Spining top candlestick banne k pechay ki psychology kuch is tarah se hai, k prices pehle market trend ko follow kartti hai, us k baad trend reversal hone k waja se prices opposite trend main chalna shoro kartti hai, lekin yahan par bhi aik khas position se qeematen wapiss ho jatti hai. Spinning top candle k upper aur lower donno sides par shadow aik hi length ka hotta hai.
Candle Formation
Spinning top candle k color ki ahmeyat nahi hai, q k ye candle aggar normal trend par banntti hai, to ye trend continuation ka kaam kartti hai, jab k top price ya bottom prices par ye trend reversal jaise hososseyat appna letti hai.
Bullish Spinning Top Candle candle main prices upper aur lower shadow banne k baad aik small white ya green color ki real body bannati hai. Aggar bullish Spinning top prices k nechalay ya bottom area main bantti hai, to ye bullish trend reversal ka kaam kareggi. Ye Spinning top candle "Bottom Spinning Top" kehlayeggi.
Bearish Spinning Top Candle main prices upper aur lower sides par long shadows bannane k baad aik small bearish real body bannatti hai. Aggar ye bearish Spining top candle top prices area main bantti hai, to ye bearish trend reversal pattern ka kaam kartti hai.
Explaination
Spinning top candle aik single candle pattern hai, jo ziadda tar neutral candle ka role play kartti hai, aggar ye sideways ya normal trend main bantti hai. Spinning top candle aik small real body wali candle hotti hai, jiss k upper side aur lower side par same length k long shadows hotte hen. Ye candle dono colors (Bullish aur Bearish) main ho saktti hai, upper aur lower sides par long shadow ki waja se color ki koi ziadda ahmeyyat nahi hai. Aggar Spinning top candle top of the prices ya lower of the prices main bantti hai, to ye aik strong trend reversal ka bhi peghamm detti hai.
Trading
Spinning top candle stick pattern main color ki ahmeyat na honne ki waja se is candle k normal trend ya sideways trend main koi khas role nahi hotta hai. Q k yahan par ye candle neutral candle tasawar ki jatti hai. Spinning top candle aggar ka koi bhi color ho, lekin aggar ye high price ya low price main bantti hai to ye trend reversal ka kaam kartti hai.
Spinning top candle pattern se pehle prices ki position aur candle ki timeframe ko lazzmi dekhen, aggar timeframes H4 plus hai aur prices bohut ziadda lower par trade kar rahii ho to ye position market main BUY ki entry ki position hoggi. Stop loss candle k wick k end par ya prices k sabb se lower position par set hogga.
Aggar Spinning top candle ki position prices k top main banntti hai to ye position market main SELL ki entry ka hogga. Spinning top k top main bhi candle ki color black & white dono ho sakte hen. Prices k Top position par banne wali Spinning top candle par Stop Loss candle k top wick par ya prices k top par set hogga.
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