Tweezers | Reversal Candlestick Pattern

➡️ Tweezers are short-term trend-reversal candlestick patterns characterized by 2 or more candles having matching highs or lows. It gives a better confirmation when preceded by a long-body candle.

➡️ A Tweezer Top is formed when the stock is in an uptrend, and two candles form a matching high, with the preceding candle being a long bullish candle. This indicates either the trend will consolidate or move downwards. Tweezer tops are considered to be short-term bearish reversal patterns.

➡️ A Tweezer Bottom is formed when the stock is in a downtrend, and two candles form a matching low, with the preceding candle being a long bearish candle. This indicates either the trend will consolidate or move upwards. Tweezer bottoms are considered to be short-term bullish reversal patterns.

➡️ Note that you should always combine candlestick patterns with other indicators & signals before entering any stock.

✅ Use candlesticks & other indicators to spot winning trades

Predict stock movements using candlestick chart patterns and other modern tools in Mr. Khagesh Agarwal’s Candlestick Trading Course.

None of the above stock ideas are intended as recommendations. Please consult a registered advisor before buying/selling.

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