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Tweezer Tops vs Tweezer Bottom πŸ“‰πŸ“‰πŸ“‰

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TVC:DXY   U.S. Dollar Index
πŸ“‰ A tweezer is a technical analysis pattern, commonly involving two candlesticks, that can signify either a market top or bottom. Tweezer bottoms are considered to be short-term bullish reversal patterns, whereas tweezer tops are thought to be bearish reversals.

πŸ“‰ Tweezer top indicates a bearish reversal whereas Tweezer bottom indicates a bullish reversal. Tweezer top candlestick pattern occurs when the high of two candlesticks are almost or the same after an uptrend

πŸ“‰ A Tweezer Bottom occurs during a downtrend when sellers push prices lower, often ending the session near the lows, but were not able to push the bottom any further. Tweezer Bottoms are considered to be short-term bullish reversal patterns that signal a market bottom.

A tweezers top is when two candles occur back to back with very similar highs. A tweezers bottom occurs when two candles, back to back, occur with very similar lows. The pattern is more important when there is a strong shift in momentum between the first candle and the second

Do you use twezzer tops or bottoms ?

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