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Tweezers Top

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

See Also