Monday 23 June 2014

Tweezer Top Candlestick

A tweezer top occurs when the highs of two or more candlesticks are equal in a series of candlesticks.
Tweezer top pattern formed when two or more candlesticks have the similar top. 
The Tweezers Tops pattern is composed of at least two candlesticks with the same highs for a Tweezers Top.
The Tweezer Top candlestick formation is a double candlestick bearish reversal pattern.
The Tweezer Top candlestick pattern is a bearish candlestick reversal pattern. It consists of two candles. It occurs in an uptrend. The two candle bodies can be either each of a bullish and a bearish candle or both of the same type.  Either real body or shadow must be in the same level in order to form the sign.
Tweezer Top


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