technical

Tweezer Top

A tweezer top is a two-candle candlestick pattern where the highs of two consecutive candles are at about the same level, indicating resistance and a possible pause or reversal of the prior up-move.

Example: On a daily chart, two consecutive candles have matching highs near $120; the second candle closes below the first, illustrating a potential pause or reversal in the up-move.

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