The Tweezer Bottom forms when two consecutive candles share the same (or nearly identical) low at the bottom of a downtrend. The matching lows represent a price level where buyers have twice — on consecutive sessions — rejected selling pressure, establishing a support floor that often marks the bottom of the move.

How to Identify

• Appears at the bottom of a downtrend or at a key support level
• Two consecutive candles with equal or near-equal lows (within a few ticks)
• First candle: typically bearish, continuing the downtrend
• Second candle: typically bullish, signaling the rejection
• More convincing with long lower wicks on both candles
• The matching low price level is the key — two consecutive rejections at the same price

Market Psychology

Price reaches a new low and sellers cannot push further — buyers defend that price level on the first candle. The next session tests the same low again, and buyers defend it again with equal conviction. Two consecutive rejections at the same price establishes a clear support floor. The market has said twice: sellers tried, failed, tried again, and failed again.