Tweezers Top Candlestick Pattern

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Tweezers Top Candlestick PatternTweezer Tops candlestick chart pattern is a candlestick pattern which usually seen in a extended uptrend.

It is a reversal candlestick chart pattern.

When it comes in a chart, You may expect that a reversal may be coming soon.

Direction:-- Bearish or Down Trend.
Type of This Pattern: reversal
Reliability on This Pattern: Week.


To find this candlestick pattern in a chart, you have to give your eyes in an uptrend.

The first candle must be a bullish candle. The second candle will be a bearish candle which indicate that the down momentum may be started.

However, the most important thing to recognize this pattern is its height.

Tweezers Top Candlestick Pattern

Take a look in the above pic. Two candle's high will be same.

If You found this in your chart, wait for another confirmation.

Another confirmation may be a bearish candlestick formation after the pattern formation. Or you can take a confirmation from another forex trading tool.

However, our lesion is, 'NEVER PLAY WITH THIS PATTERN ALONE'








 
                                         Candlestick Chart Patterns                                   
01 How to Read A Candlestick Chart                                                            
02 Bearish Engulfing
03 Bullish Engulfing
04 Doji
05 Dragonfly Doji & Gravestone Doji
06 Piercing Pattern
07 Morning star
08 Dark cloud cover
09 Hammer
10 Hanging Man
11 Harami
12 Inverted Hammer
13 Evening star
14 Shooting star
15 Tweezers Top
16 Tweezers Bottom
17 Windows
16 The Last Discussion on Japanese Candlestick Chart