Tweezers Bottom

Tweezers are two or more candlesticks with matching highs or lows. They are less powerful reversal patterns.

Tweezers Bottom occurs in a DownTrend with a long black line as the first line. The size or color of the second candlestick does not matter.

Recognition Criteria:

·       DownTrend
·       First line is Black
·       Low price of the second line is equal to the first line’s.

Function: TweezersBottom()

Trend: Bullish

Type: Less Powerful Reversal