Exact formation
Small but visible body, located between relatively long upper and lower shadows.
What is happening in the market
There was movement in both directions and little difference between opening and closing: temporary balance.
Where it matters
It can pause a trend or be part of a consolidation; requires level and sequence.
How to confirm it
Breaking the range of the top in the direction supported by the structure.
When it is invalidated
Opposite breakout or permanence within the range without continuity.
Common mistake
Confuse it with doji: the top does have an appreciable real body.