what is a tweezer 
a tweezer is a technical analysis pattern commonly involving two candlesticks that can signify either a market top or bottom understanding tweezerstweezer patterns are reversal patterns and occur when two or more candlesticks touch the same bottom for a tweezer bottom pattern or when two or more candlesticks touch the same top for a tweezer top pattern tweezer bottoms are considered to be short term bullish reversal patterns whereas tweezer tops are thought to be bearish reversals essentially with both formations either buyers or sellers were not able to push the top or bottom any further both types of patterns require close observation and research to be interpreted and used correctly a tweezers top is identified by two candles with similar highs occurring back to back a tweezers bottom would see two candles instead with similar back to back lows special considerationsas an investment strategy tweezers offer traders a level of precision when seeking to take advantage of market trends while tweezers can take on a variety of appearances they all have a couple of traits in common sometimes appearing at market turning points these candlestick patterns can be used for analysis purposes to simply indicate the possibility of a reversal or they can be used within a broader context of market analysis to provide trade signals for trend traders tweezers were made mainstream in steve nison s popular candlestick charting book japanese candlestick charting techniques 1 candlestick methods are characterized by the body of a candle which is created by the difference between the open and close while the thin shadows on either end of the candle mark the high and low over that period typically a dark or red candle indicates the close was below the open while a white or green candle highlights the price closing higher than it opened as with any other trading tool or indicator tweezers should be used in conjunction with other indicators or market signals investopedia does not provide tax investment or financial services and advice the information is presented without consideration of the investment objectives risk tolerance or financial circumstances of any specific investor and might not be suitable for all investors investing involves risk including the possible loss of principal 