Patterns / Tweezer Top
Pattern Detail
20

Tweezer Top

Bearish Reversal

The Tweezer Top is the bearish mirror of the Tweezer Bottom. Two consecutive candles share the same (or nearly identical) high at the top of an uptrend. The matching highs represent a price ceiling where sellers have twice rejected buying pressure, establishing a resistance roof that often marks the top of the move.

How to Identify

  • Appears at the top of an uptrend or at a key resistance level
  • Two consecutive candles with equal or near-equal highs (within a few ticks)
  • First candle: typically bullish, continuing the uptrend
  • Second candle: typically bearish, signaling the rejection
  • More convincing with long upper wicks on both candles at the matching high
  • Best combined with overbought RSI (>70) or a known resistance level

Market Psychology

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

▼ Bearish Reversal Signal 2-Week Outlook
60%Win Rate
-3–7%Typical Move
5–10Avg Days

Particularly reliable at major resistance levels, prior highs, or round numbers. Works on any timeframe — 4H and daily are most reliable. Stop-loss goes just above the shared high. For options: ideal setup for buying puts or selling covered calls at the resistance level.

Confirmation: Second candle’s bearish close is partial confirmation. Strongest when third candle opens lower and continues downward.

Example Chart

TWEEZER TOP

Dashed line shows equal highs — the resistance ceiling

Candles2
Reliability★★★☆☆
Best timeframeDaily / 4H
ConfirmationOptional
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