L-EarningCharts

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

7/6/2026

candlesticks
technical
bearish

Two candles with matching highs after an uptrend — resistance rejects twice.

In plain words

Price bumps its head on the same ceiling twice and gives up.

What the classic books say

The Tweezer Top 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 resistance.

Level by level

Beginner

Price tried to break the same high twice and failed both times. Sellers are defending that level.

Intermediate

A double rejection at identical highs signals strong overhead supply.

Advanced

A short-term top; strongest when the second candle is bearish and volume confirms the rejection.

Trade plan (educational template)

Common beginner mistakes

  • Requiring exact ticks (approximate highs are fine)

Practise it now

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