Tweezers can be composed of real bodies, shadows or doji.
If the Tweezers also form a reversal pattern (Engulfing+/-, Harami+/-, Hanging Man, Hammer) it adds more value to the pattern.
- Appears at market bottoms
- Bullish reversal pattern
- Matching lows or almost
- Composed of 2 or more candles of either color
- Candles can be consecutive or nearby
- Ideally the 1st candle is a long body and 2nd candle is a short body
- Appears at market tops
- Bearish reversal pattern
- Matching highs or almost
- Composed of 2 or more candles of either color
- Candles can be consecutive or nearby
- Ideally the1st candle is a long body and 2nd candle is a short body
Below is a chart example of a Tweezers Top
