Japanese Candlestick Guide #19
Tweezer Bottom
Tweezer Bottom often appears after a decline or at support.
It consists of two or more candles that touch almost the same bottom.
The meaning is that the price tried to drop more than once, but a certain area refused the decline.
It is stronger if a bullish candle appears with it or if a small top is broken after the pattern.
Follow up to get everything new in the trading education series.
Educational content, not financial advice.
#CandlestickPatterns #TradingEducation #PriceAction
Tweezer Bottom
Tweezer Bottom often appears after a decline or at support.
It consists of two or more candles that touch almost the same bottom.
The meaning is that the price tried to drop more than once, but a certain area refused the decline.
It is stronger if a bullish candle appears with it or if a small top is broken after the pattern.
Follow up to get everything new in the trading education series.
Educational content, not financial advice.
#CandlestickPatterns #TradingEducation #PriceAction