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Forex · candlestick pattern

Spinning top on EUR/USD

On EUR/USD the spinning top showed up 467 times. Within 12 candles price broke up 47% of the time, broke down 49% and stayed inside 4%.

Counted on EUR/USD: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily8256%43%1%
Hourly38545%50%5%

EUR/USD against the rest

ChartsFoundBroke upBroke downStayed inside
EUR/USD46747%49%4%
All Forex charts5,26948%48%3%
Every market88,07749%49%3%

Year by year

YearFoundBroke upBroke down
20161527%67%
2017771%29%
20181070%30%
2019580%20%
2020888%12%
20211030%70%
20221145%55%
2023475%25%
20244544%49%
202520246%51%
202615047%48%

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 EUR/USD

Inside bar · Stochastic bullish cross · Stochastic bearish cross · Doji · MACD bullish cross · MACD bearish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · RSI overbought drop · RSI oversold bounce · all of them

The spinning top elsewhere

GBP/USD · EUR/JPY · USD/CHF · GBP/JPY · USD/JPY · NZD/USD · EUR/GBP · AUD/USD · USD/CAD · GBP/INR · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · Gold · Silver

Questions

How often does the spinning top work on EUR/USD?

In 467 cases on EUR/USD, price broke up 47% of the time, broke down 49% and stayed inside 4% within 12 candles.

What is the spinning top?

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