For New User: Learn Tweezer Patterns Spot Trend Changes Easily
Tweezers are candlestick patterns that signal a possible trend reversal. They are simple to identify and useful for beginners. There are two main types
Tweezer Top: Appears after an uptrend when two candles have almost the same high. The first candle is strong and bullish, while the second candle shows hesitation or a reversal (such as a doji).
Tweezer Bottom: Appears after a downtrend when two candles have almost the same low. The first candle is bearish, but the second candle suggests that selling pressure is weakening.
The first candle shows strong momentum, but the second candle stops or reverses it, indicating a possible shift in trend direction.
Example:
In a downtrend, if a long red candle is followed by a green candle with the same low, it forms a Tweezer Bottom. This may indicate that the price could start moving upward.
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