Bearish2-CandleCh. 10

Tweezer Top

Two candles with matching or nearly matching highs. The same price was tested twice and sellers defended it both times.

Where it matters

Meaningful at a known resistance zone after a rise.

The pattern in context
Tweezer Top: Meaningful at a known resistance zone after a rise.ResistanceConfirm

Faded candles are the trend before it, the band is the pattern, the dashed line is the level it formed at, and ✓ marks the confirming candle.

How to read it

  1. 01

    How it forms

    Candle 1 makes a new high. Candle 2 reaches the same high but sellers push it back down.

  2. 02

    Where it matters

    Meaningful at a known resistance zone after a rise.

  3. 03

    What confirms it

    A close below the low of the second candle.

  4. 04

    Where the idea is wrong

    A close above the matching highs.

  5. 05

    What volume should do

    Higher volume on the second, bearish candle supports the idea that sellers are defending the level.

  6. 06

    Common mistake

    Reading it in a strong uptrend without any other sign of weakness.

From the book

Read the full chapter in the book.

Chapter 10 of Trading Candlestick Patterns explains the Tweezer Top with real Indian market charts, volume context and stop-loss placement.

Trading Candlestick Patterns by Rohit Singh

Educational content only. A pattern describes what buyers and sellers did; it does not predict what price will do next. Not investment advice or a buy, sell or hold recommendation.