Tweezer Top Candlestick Pattern – School
What is the Tweezer Top
The Tweezer Top is a candlestick chart pattern that consists of two candlesticks. This candlestick pattern signifies the end of an uptrend and that a bearish reversal has taken place.
Understanding the Tweezer Top
The Tweezer Top consists of two candlesticks. The first candlestick is a short and bullish candle that signifies the continuation of an uptrend. The second candlestick is a long and bearish candle. This candle is formed at the same height or market value as the first candlestick. It is formed the day after the first candlestick and signifies the end of an uptrend.
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