Tweezer Tops & Bottoms. |
The Tweezer Top formation is viewed as a bearish reversal pattern seen at the top of uptrends.
The Tweezer Bottom formation is viewed as a bullish reversal pattern seen at the bottom of downtrends. |
Tweezer Top formation consists of two candlesticks:
Tweezer Bottom formation consists of two candlesticks:
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Sometimes, Tweezer Tops or Bottoms have three candlesticks.
For example, see the YESBANK weekly chart formation on 29 Jan 2018. |