The Ultimate Guide to Tweezers Top Candlestick Patterns
Last updated: January 4, 2024
Tweezers Top Pattern
The tweezers top candlestick pattern is a series of two or more candles with matching highs. Ideally, the first candlestick should have a long candle, and the second candlestick should have a small real body.
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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 top patterns with the following characteristics:
Typical characteristics
First and second (and additional, if any) candlesticks have matching highs
Ideally, first candlestick is long candle, second candlestick has a small real body
Examples of use as a trading indicator
Potential bearish reversal signal after market rally
More for beginners
Check out our quick start guide to candlestick charting for more information if you are new to candlestick charting!