Candlestick Patterns · Bullish
Tweezer Bottom
Two candles that share the same low after a decline.
Price tests one low twice and does not continue down. The matching lows are the pattern. The second candle is often bullish.
This is an example of how traders often plan the pattern. It is not a promise that price will reach the target.
Identification
- Two adjacent lows are essentially equal.
- The pair comes after a decline.
- The second candle preferably closes off that low.
Market context
The matching low shows a price the market rejected twice. It is stronger when that low lines up with an older level.
Entry example
An example entry is above the higher high of the two candles.
Stop-loss example
An example stop is below the shared low.
Target example
An example target is the swing high before the decline.
Common mistakes
- Calling any two similar candles a tweezer when their lows do not match.
Candlestick and chart patterns are probabilistic observations, not guaranteed trading signals. This page does not report a win rate.