Tweezer Top and Bottom
A two-candlestick pattern where two consecutive candles share almost the identical high (tweezer top) or low (tweezer bottom), signaling a potential reversal at that shared price level.
A tweezer top is a two-candlestick pattern forming after an uptrend, where two consecutive candles reach almost exactly the same high price before pulling back, suggesting that price has tested the same resistance level (see Kaavon's "Support and Resistance" glossary definition) twice in a row and failed to push meaningfully higher either time. A tweezer bottom is the mirror case, forming after a downtrend, where two consecutive candles reach almost exactly the same low price before bouncing, suggesting the same support level has held firm twice in a row.
A tweezer pattern is conceptually similar to a double top and double bottom (see Kaavon's "Double Top and Double Bottom" glossary definition) pattern, but compressed into just two immediately consecutive candles rather than two peaks or troughs separated by a more extended period of price action in between. Tweezer patterns are generally considered more significant when the two matching highs or lows are accompanied by a clear shift in candle color or size between the two candles, reinforcing that momentum genuinely stalled at that shared level.
Examples
- A tweezer top forms when two consecutive candles reach almost exactly the same high before pulling back, suggesting resistance held firm on both attempts.
- A tweezer pattern is conceptually similar to a double top or double bottom, but compressed into two immediately consecutive candles rather than two peaks separated by more extended price action.