The spinning top candlestick chart pattern happens when buyers and sellers balance out, resulting in equal opening and closing price levels. This candlestick is regarded as a continuation pattern because of the very modest shift in market direction.

A spinning top candlestick in Forex trading is a candlestick pattern characterized by a small body with long upper and lower shadows. It signals indecision in the market, where neither buyers nor sellers have full control. The small body indicates that the open and close prices are close to each other, while the long shadows show that both buyers and sellers tried to push the price higher and lower during the session but ultimately couldn't sustain those levels.

This pattern often appears during periods of consolidation and can indicate a potential reversal or continuation, depending on the context. Traders typically look for confirmation from subsequent candles to determine the market's next direction after a spinning top forms.