Spinning tops

Candlesticks with different opening and closing prices and having at least one shadow, where at least one shadow has to be longer than the body, are called spinning tops. The following types of spinning tops are possible:

  • White Spinning Top (short and long line if none of the shadows are three times longer than the body)
  • Black Spinning Top (short and long line if none of the shadows are three times longer than the body)
  • High Wave – a kind of Spinning Top occurring on a long line (if one of the shadows is at least three times longer than the body).

In CandleScanner spinning tops are marked by default in dark blue color.

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