Tweezer Bottom Candlestick Pattern – School

Tweezer Bottom
Tweezer Bottom

Definition of Tweezer Bottom

The Tweezer Bottom is a bullish reversal candlestick chart pattern. This pattern consists of two candlesticks where the first candlestick is long and bearish and the second is short and bullish.

  • Tweezer Bottom consists of two candlesticks
  • Tweezer Bottom is a bullish reversal trend pattern

Tweezer Bottom Insights

The Tweezer Bottom consists of two candlesticks that signify the end of a downtrend. The first candlestick is a long bearish candlestick that shows that the market is still in a downtrend. The second candlestick forms the next day and has the same lower level as the first candlestick. This candle has a short true body and a shadow that is about the same height as the first candle. The formation of the second candle indicates a bullish reversal.

After a downtrend, if the Tweezer Bottom appears you should consider opening long (buy position).

Similar Pattern – The Tweezer Top

Tweezer Top
Tweezer Top

Tweezer Top

The Tweezer Top is opposite to the tweezer bottom pattern. 

Trading Education Media Kit

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