Tweezer Bottom

Tweezer Bottom

Setup – Leading into this pattern you are looking for a downtrend but there are no strict rules on how long the trend has to be in place.

1st Candle – The first candle should be bearish but of no particular length.

2nd Candle – The second candle is bullish with both the high and low roughly the same as the first.

This pattern comes from the process of buyers overpowering the sellers which is tested two times at the trough without success.

Tweezer Top

What to Look Out For

Although this pattern can be a great signal the reversal may not be as powerful and smooth as other patterns. This may take place in stages after the pattern has occurred.

There can be slight variations on this where there is the third candle in between the two equal size candles.

Bearish Engulfing Pattern

Bearish Engulfing Pattern

Setup – Leading into this pattern you are looking for an uptrend but there are no strict rules on how long the trend has to be in place.

1st Candle – The first candle in the setup is bullish.

2nd Candle – The second candle is bearish and engulfs the body of the second candle.

Bullish Engulfing Pattern

Engulfing and Tweezer Patterns

The Engulfing Pattern

This is a powerful reversal pattern that can work for both bullish and bearish setups. The pattern is made up of two candles, one of which is bullish and the other bearish, where the second candle must engulf the first. Before the candles, there must be a strong trend in one direction.

Bullish Engulfing Pattern

Setup – Leading into this pattern you are looking for a downtrend but there are no strict rules on how long the trend has to be in place.

1st Candle – The first candle in this setup is bearish.

2nd Candle – The second candle is bullish and engulfs the body of the first candle.

What to Look Out For

The strongest patterns occur when the second candle engulfs the full candle and not just the body of the candle. If you see this, then you have a good indication that the reversal is more likely to take place.


Tweezers Top and Bottom

The tweezer pattern also consists of two candlesticks with on bullish and the other bearish. Where it differs is the size of the two candle should have matching highs and lows within a few pips allowing for a margin of error. To start the pattern there has to be a confirmed up or downtrend.


Tweezer Top

Setup – Leading into this pattern you are looking for an uptrend but there are no strict rules on how long the trend has to be in place.

1st Candle – The first candle should be bullish but of no particular length.

2nd Candle – The second candle is bearish with both the high and low roughly the same as the first.


This pattern comes from the process of sellers overpowering the buyers which are tested two times at the peak without success.