The Ultimate Guide to Tower Top Candlestick Patterns

Last updated: January 4, 2024

Tower Top Pattern

Tower candlestick patterns occur when two large real candle bodies brace the sides of multiple smaller real bodies, marking a top or a bottom in price. In a tower top pattern, multiple small real candlesticks are seen in between two large real candlestick bodies.



General Identification & Interpretation

Steve Nison is credited with bringing Japanese candlestick charting to the West. In his book "Japanese Candlestick Charting Techniques" he describes tower top patterns with the following characteristics:

Typical characteristics

Examples of use as a trading indicator

Other interpretations

More for beginners

Check out our quick start guide to candlestick charting for more information if you are new to candlestick charting!