Tweezer Bottom Pattern: A Bullish Reversal Signal

What is the Tweezer Bottom Pattern?

The Tweezer Bottom is a two-candle bullish reversal pattern that appears after a downtrend, indicating that selling pressure may be weakening

First Candle - Strong Selling Pressure 

A bearish candle forms during a downtrend, reflecting continued selling momentum in the market

Second Candle - Support at the Same Low
 

The next candle forms with a similar low as the previous candle but fails to move lower, signalling strong support and emerging buying interest

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How Reliable Is It?

The Tweezer Bottom pattern is considered moderately reliable, especially when it forms near strong support levels after a prolonged decline

Confirmation & Volume

Traders usually wait for the next candle to close higher. Increasing trading volume during the second candle strengthens the bullish reversal signal

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