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Forex · candlestick pattern

Spinning top on USD/CHF

On USD/CHF the spinning top showed up 450 times. Within 12 candles price broke up 47% of the time, broke down 50% and stayed inside 3%.

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

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily6351%48%2%
Hourly38747%50%3%

USD/CHF against the rest

ChartsFoundBroke upBroke downStayed inside
USD/CHF45047%50%3%
All Forex charts5,26948%48%3%
Every market88,07749%49%3%

Year by year

YearFoundBroke upBroke down
2016875%25%
20171217%83%
2018862%38%
2019771%29%
2020825%75%
2021560%40%
2022367%33%
20231258%33%
20244042%52%
202519945%52%
202614850%47%

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 USD/CHF

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Doji · MACD bearish cross · MACD bullish 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 · EUR/USD · 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 USD/CHF?

In 450 cases on USD/CHF, price broke up 47% of the time, broke down 50% and stayed inside 3% within 12 candles.

What is the spinning top?

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