L-EarningCharts

Tweezer Bottom Candlestick Pattern — Meaning, Psychology & How to Trade It

7/6/2026

candlesticks
technical
bullish

Two candles with matching lows after a downtrend — support holds twice.

In plain words

Price tests the same floor twice and bounces both times.

What the classic books say

The Tweezer Bottom is a 2-candle reversal pattern described in the standard candlestick literature (Steve Nison's work brought these Japanese techniques west). Reference reliability is rated Medium with illustrative behaviour of ~52-58% when confirmed. Useful at established support.

Level by level

Beginner

Price tried to break the same low twice and bounced both times. Buyers are defending that level.

Intermediate

A double rejection at identical lows signals strong demand support.

Advanced

A short-term bottom; strongest when the second candle is bullish with volume confirmation.

Trade plan (educational template)

Common beginner mistakes

  • Requiring exact ticks (approximate lows are fine)

Practise it now

_Educational content only — not financial advice. Historical behaviour never guarantees future results._