Tweezer Top and Bottom Candlestick Patterns

tweezer top

For a better understanding of this article, you should already know what Japanese Candlesticks are and all their features; for this reason, we suggest you to read this introductory article to Japanese Candlesticks: Japanese Candlestick Chart ( So that you can understand also the Ratings given to the Candlestick Patterns for the “quality” of the signal and for their frequency to “appear” on Charts).

Let’s analyse now the following Candlestick Patterns: “Tweezer Top and Bottom Candlestick Patterns”.

Tweezer Top and Bottom Candlestick Patterns

 

– Normally it should be a signal of reversal of the current Trend.

– You can find it in the variants: Top and Bottom, depending on the Trend in which is located.

Tweezers Top

 

 

tweezer top

– It occurs during an Uptrend; confirmation is required by the candles that follow the Pattern.

– The Two Candles have opposite color (They can be white and black or black and white).

– The First Candle should be longer than the Second Candle (It’s not necessary, but is a further confirmation of the Pattern).

– The Two Candles have the Highs at the same level (More or less).

Tweezers Bottom

 

 

tweezer bottom

– It occurs during a Downtrend; confirmation is required by the candles that follow the Pattern.

– The Two Candles have opposite color (They can be white and black or black and white).

– The First Candle should be longer than the Second Candle (It’s not necessary, but is a further confirmation of the Pattern).

– The Two Candles have the Lows at the same level (More or less).

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