Candlestick patterns
Tweezer tops and bottoms
Two consecutive candles that make almost exactly the same high (tweezer top) or the same low (tweezer bottom).
Why it works
The market tested a price twice and was rejected twice. It is a small double top or bottom on a single timeframe.
How to use it
Use the tweezer level as your invalidation: stop just beyond it, entry on the next candle in the opposite direction.
The typical mistake
Treating two equal lows as a bottom when they are really a liquidity pool waiting to be swept.
FAQ
What is Tweezers in trading?
Two consecutive candles that make almost exactly the same high (tweezer top) or the same low (tweezer bottom).
How do you trade Tweezers?
Use the tweezer level as your invalidation: stop just beyond it, entry on the next candle in the opposite direction.