Tweezer Tops & Bottoms
Overview
Tweezers are two-candle patterns where both candles test the same high (tweezer top) or low (tweezer bottom). The first candle extends the trend and the second candle reverses. The matching highs/lows create a visual 'tweezers' shape indicating a rejection level.
Key Concepts
Two candles with matching highs (top) or lows (bottom), First candle moves with the trend, second reverses, The shared level represents key supply/demand, More powerful when combined with other signals
Entry Signals
Tweezer bottom at rising trendline or demand zone, Tweezer top at descending trendline or supply zone, Volume expansion on the reversal candle, Multi-timeframe confluence at the tweezers level
Exit Signals
Stop beyond the tweezers level (the shared high/low), Target the start of the prior move or next support/resistance, Trail using price structure
Best Timeframes
1H, 4H, Daily
Pro Tips
Tweezers are often overlooked but very effective because the matching high/low represents a genuine rejection level that can be objectively measured.
More Topics in This Category
Continuation Triangles
While not strictly a candlestick pattern, continuation triangles (ascending, descending, symmetrical) are multi-candle patterns where price contracts between converging trendlines. Breakouts from triangles tend to continue the prior trend. Triangles are measured-move patterns — the target equals the height of the triangle projected from the breakout point.
Doji & Spinning Tops
Doji and spinning top candles signal indecision between buyers and sellers. A doji has nearly identical open and close prices, while a spinning top has a small body with long wicks on both sides. These patterns are most significant at the end of extended trends where they can foreshadow reversals.
Pin Bar Setups
Pin bars are single-candle reversal patterns with a long tail (shadow) on one side and a small body on the opposite side. The tail shows a sharp rejection of a price level. Pin bars are the most widely used price action signal among naked chart traders and work on all markets and timeframes.
Hammer & Hanging Man
The hammer and hanging man are single-candle patterns with small real bodies and long lower shadows (at least 2× the body). A hammer appears at the bottom of a downtrend (bullish), while a hanging man appears at the top of an uptrend (bearish). The long wick indicates that sellers pushed price down but buyers recaptured ground.