The Tweezer Top candlestick pattern is a powerful bearish candlestick reversal pattern.
Tweezer Top formation consists of two candlesticks:
- Bullish Candle (Day 1)
- Bearish Candle (Day 2)
Even though we stated two candles required for the formation of the tweezer top candlestick pattern, some traders might as well consider more than two candles.
In the real world example, two candles with equal wick height within few pips and few more candles in between them is often seen.
