The Ultimate Guide to Tweezers Bottom Candlestick Patterns

Last updated: January 4, 2024

Tweezers Bottom Pattern

The tweezers bottom candlestick pattern is a series of two or more candles with matching lows. Ideally, the first candlestick should have a long candle, and the second candlestick should have a small real body:

Chart

General Identification & Interpretation

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

Typical characteristics

• First and second (and additional, if any) candlesticks have matching lows
• Ideally, first candlestick is long candle, second candlestick has a small real body

Examples of use as a trading indicator

• Potential bullish reversal signal after market decline

More for beginners

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