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Commodities · candlestick pattern

Spinning top on Copper

On Copper the spinning top showed up 110 times. Within 12 candles price broke up 55% of the time, broke down 43% and stayed inside 3%.

Counted on Copper futures: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily10356%43%1%
Hourly729%43%29%

Copper against the rest

ChartsFoundBroke upBroke downStayed inside
Copper11055%43%3%
All Commodities charts69354%43%3%
Every market88,07749%49%3%

Year by year

YearFoundBroke upBroke down
20161070%30%
20171267%33%
20181331%69%
20191070%30%
20201656%44%
20211354%38%
2022825%75%
20231164%36%
2024757%43%
2025757%14%
2026333%67%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the spinning top is

Small body, wicks on both sides. Nobody is in charge.

A spinning top toy whirls fast but stays in one spot. This candle is the same: price ran up and down a lot, but it ended close to where it began. Buyers and sellers were both busy, and neither took charge.

The full spinning top lesson, video and quiz ›

Other patterns on Copper

Inside bar · Stochastic bearish cross · Doji · Stochastic bullish cross · MACD bearish cross · Volume profile rejection · EMA 9/21 bearish cross · EMA 9/21 bullish cross · Volume profile bounce · MACD bullish cross · all of them

The spinning top elsewhere

Gold · Silver · Crude oil · Natural gas · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY

Questions

How often does the spinning top work on Copper?

In 110 cases on Copper, price broke up 55% of the time, broke down 43% and stayed inside 3% within 12 candles.

What is the spinning top?

Small body, wicks on both sides. Nobody is in charge.