Tweezer Tops and Bottoms Candlestick Chart Pattern 🥢

Tweezer Tops and Bottoms Candlestick Chart Pattern. http://www.financial-spread-betting.c... PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE The Tweezer top and tweezer bottoms. What are they and how can we use them to make some decent trades. The Tweezer Top formation is considered a bearish reversal pattern that is normally seen at the top of uptrends and the Tweezer Bottom chart pattern is considered as a bullish reversal pattern seen at the bottom of downtrends.

To start off what is the tweezer candlestick formation? The idea of this pattern or strategy is to be used on a daily or lower timeframe. You get them very frequently in forex pairs because of the nature of fx (since currencies trade round-the-clock). Candle 1 is a drive higher, it goes to a new high, it doesn't close there and it comes down and you get that tweezer bit at the top. The next day the same happens. What we are looking for here is the supply/demand shift happening twice in a row - market runs to new highs, fails, comes back (can't hold those highs till close), does it the second day but this time it actually closes at the lows. So you have two days where you see this supply/demand shift intraday - first day bulls were still relatively in control, second day bears took control.