What is the Tweezer Top Pattern? The Tweezer Top is a two-candle bearish reversal pattern that appears at the end of an uptrend, signalling potential exhaustion of buying momentum.
First Candle – Strong Bullish Move
A bullish candle forms during an uptrend, reflecting continued buying pressure and upward momentum.
Second Candle – Resistance at the Same High
The next candle forms with a similar high as the previous candle but fails to move higher, indicating strong resistance and emerging selling pressure.
The Tweezer Top is considered moderately reliable, especially when it forms near resistance levels or after a prolonged rally.
Confirmation & Volume
Traders usually wait for the next candle to close lower for confirmation. Higher trading volume during the second candle strengthens the bearish reversal signal.