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Forex · candlestick pattern

Spinning top on NZD/USD

On NZD/USD the spinning top showed up 492 times. Within 12 candles price broke up 52% of the time, broke down 47% and stayed inside 1%.

Counted on NZD/USD: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily7961%38%1%
Hourly41350%48%1%

NZD/USD against the rest

ChartsFoundBroke upBroke downStayed inside
NZD/USD49252%47%1%
All Forex charts5,26948%48%3%
Every market88,07749%49%3%

Year by year

YearFoundBroke upBroke down
2016667%33%
20171267%33%
20181050%50%
2019333%67%
20201560%33%
2021333%67%
2022875%25%
20231164%36%
20244349%49%
202520156%43%
202618046%53%

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 NZD/USD

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

The spinning top elsewhere

GBP/USD · EUR/JPY · EUR/USD · USD/CHF · GBP/JPY · USD/JPY · 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 NZD/USD?

In 492 cases on NZD/USD, price broke up 52% of the time, broke down 47% and stayed inside 1% within 12 candles.

What is the spinning top?

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