Courses / Candlestick Patterns Masterclass

Tweezer Tops and Bottoms

Two candles with matching highs or lows show a level being defended.

Tweezer tops have two candles with nearly equal highs, the second bearish. Tweezer bottoms have two candles with equal lows, the second bullish.

They show the same price rejected twice in a row. On their own they are subtle, so use them at known levels.

Place a stop beyond the matching extreme.

Key takeaways

• Matching highs or lows show rejection
• Works best at known levels
• Stop beyond the extreme

Quiz

• A tweezer bottom has two candles with: Answer: Equal lows. Two matching lows.
• Tweezers are most useful: Answer: At known support or resistance. Context makes them meaningful.
• The stop goes: Answer: Beyond the matching extreme. A break of the matching level invalidates it.

Educational content, not financial advice.