The Tweezers pattern is a minor trend reversal pattern that consists of two candlesticks with more or less the same high or the same low or some variation thereof. It is the only candlestick pattern where the highs or lows are the most important factor rather than the body or the shape of the candles.
The Tweezer Top formation is viewed as a bearish reversal pattern seen at the top of uptrends and the Tweezer Bottom formation is viewed as a bullish reversal pattern seen at the bottom of downtrends.
Mr. Vibhor Varshney
Mr, Varshney is a SEBI Registered Technical Analyst, Trader, Mentor & the founder of the Vighnahara Investment Solutions, He has been associated with the Stock Market Industry for nearly a decade and aims to spread his knowledge of the Financial Market to every nook and corner of the World so that every aspiring trader benefits and is able to earn huge profits.
He conducts regular seminars and workshops all over India on the Subject of Technical & Fundamental Analysis. He has successfully trained more than 3000 students and has helped them grow in the market.