Japanese Candlestick Guide #20
Tweezer Top
Tweezer Top is usually seen after a rise or at resistance.
It consists of two or more candles that touch almost the same high.
Its meaning is that the price tried to move up more than once, but a specific area rejected the upward move.
Its confirmation is stronger with a bearish candle or a break of a small bottom after the pattern.
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Educational content, not financial advice.
#TechnicalAnalysis #TradingBasics #CandlestickChart
Tweezer Top
Tweezer Top is usually seen after a rise or at resistance.
It consists of two or more candles that touch almost the same high.
Its meaning is that the price tried to move up more than once, but a specific area rejected the upward move.
Its confirmation is stronger with a bearish candle or a break of a small bottom after the pattern.
Follow up to get every new update in the trading education series.
Educational content, not financial advice.
#TechnicalAnalysis #TradingBasics #CandlestickChart