What key characteristic defines a spinning top candlestick pattern?
Large real body with short shadows
Small real body with long upper and lower shadows
Long upper shadow with a short lower shadow
Long lower shadow with a short upper shadow
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What does the presence of both upper and lower shadows in a spinning top indicate about market sentiment?
Strong bullish control
Strong bearish control
Indecision and uncertainty
A breakout in a specific direction
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How should a trader interpret a spinning top appearing in a downtrend?
As a definitive sign of trend reversal
As a signal to immediately sell all holdings
As an indication of potential trend continuation or reversal
As a sign to increase position size due to bullish momentum
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What is a recommended strategy when encountering a spinning top in an uptrend?
Aggressively buy more of the asset
Sell all holdings to avoid potential losses
Consider taking partial profits while remaining partially invested
Ignore the signal as it has no relevance in an uptrend
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How does a Doji candlestick pattern differ from a spinning top?
Dojis have a larger real body than spinning tops
Dojis have longer shadows than spinning tops
Dojis have no real body, indicating the open and close prices are equal
Dojis always signify a trend reversal, while spinning tops do not
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