Equity Based Analysis > Technical Analysis > Candlestick Functions > Tweezers Top |
Tweezers are two or more candlesticks with matching highs or lows. They are less powerful reversal patterns.
Tweezers Top occurs in an UpTrend with a long white line as the first line. The size or color of the second candlestick does not matter.
Recognition Criteria:
· UpTrend
· First line is White
· High price of the second line is equal to the first line’s.
Function: TweezersTop()
Trend: Bearish
Type: Less Powerful Reversal