What does the presence of both upper and lower shadows in a spinning top indicate about market sentiment? Option: Strong bullish control, Strong bearish control, Indecision and uncertainty, A breakout in a specific direction

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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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What key characteristic defines a spinning top candlestick pattern?

Long upper shadow with a short lower shadow

Large real body with short shadows

Long lower shadow with a short upper shadow

Small real body with long upper and lower shadows

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How should a trader interpret a spinning top appearing in a downtrend?

As a signal to immediately sell all holdings

As a definitive sign of trend reversal

As an indication of potential trend continuation or reversal

As a sign to increase position size due to bullish momentum

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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 no real body, indicating the open and close prices are equal

Dojis always signify a trend reversal, while spinning tops do not

Dojis have longer shadows than spinning tops

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What does the presence of a doji after an engulfing pattern suggest?

Market indecision

Trend reversal

Trend continuation

Increased volatility

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Why should traders avoid trading based on candlesticks with abnormally small real bodies?

They indicate extreme market volatility

They indicate subdued trading activity and lack of clear direction

They are unreliable for technical analysis

They suggest a potential trend reversal