tweezerbottom
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Tweezer bottom Type candlestick pattern & Analysis
Tweezer bottom is a bullish pattern. This pattern forms when, after a prolonged bear market, sellers are pushing the price down, but are unable to keep the price down at the end of the session.
This means that the bearish period is over and a bullish trend is about to begin.
@Binance Square Official
#Tweezerbottom #CandlestickPatterns #binancesquareofficial #Write2Earn #Yogiraj0152
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⚠️ DISCLAIMER:
This post is for educational / informational purposes only. Nothing contained herein should be construed as financial advice, investment advice, or a recommendation. The crypto market is highly risky. Conduct your own research and consult a financial advisor before making any decisions. The author / page is not liable for any profits / losses.
"Act at your own risk.”
This means that the bearish period is over and a bullish trend is about to begin.
@Binance Square Official
#Tweezerbottom #CandlestickPatterns #binancesquareofficial #Write2Earn #Yogiraj0152
👉🏻If you like👍🏻 the article, then 💛like and share, if you want to say something related to the article, then comment, we will definitely reply. ✅Follow us so that all our upcoming articles, posts, videos can reach you. If you have got some good information from our post then you can also give us tips. 😊Thank you for reading the post!🙏
⚠️ DISCLAIMER:
This post is for educational / informational purposes only. Nothing contained herein should be construed as financial advice, investment advice, or a recommendation. The crypto market is highly risky. Conduct your own research and consult a financial advisor before making any decisions. The author / page is not liable for any profits / losses.
"Act at your own risk.”
❇️Spotting Bottoms and Tops with Tweezer Patterns! 📐⚖️
🎯 Precision Trading: How to Use Tweezer Tops & Bottoms!
❇️Ever noticed two candles side-by-side with almost the exact same highs or lows? You might have just found a Tweezer Pattern! These are powerful "Reversal" signals that tell us the price has hit a wall. 🧱
1. Tweezer Bottom (Bullish Reversal) 🟢
✳️Where it forms: At the end of a Downtrend.
✳️What it looks like: Two or more candles where the Lows are at the same level. The first candle is usually Red, and the second is Green.
✳️The Psychology: Sellers tried to push the price lower twice, but buyers defended that specific price level (Support) both times. It’s a "double floor"! 🏠
2. Tweezer Top (Bearish Reversal) 🔴
✳️Where it forms: At the top of an Uptrend.
✳️What it looks like: Two or more candles where the Highs are at the same level. The first candle is usually Green, and the second is Red.
✳️The Psychology: Buyers tried to break a certain price twice, but sellers rejected it both times. It’s a "double ceiling"! 🏛️
Why should you care? 🧐
Tweezer patterns are excellent for setting your Stop Loss.
✳️For a Tweezer Bottom, your stop loss goes just below the matching lows.
✳️For a Tweezer Top, your stop loss goes just above the matching highs.
💡 Pro Tip:
Tweezer patterns are much more effective on higher timeframes like 1H, 4H, or 1D. On smaller timeframes (like 1m), they can be "noise" and less reliable. 📉📊
Look at your charts! Have you seen a Tweezer pattern on the $BTC or $ETH chart recently? They often mark the exact moment the trend flips! 🔄
#CryptoTrading #TweezerTop #TweezerBottom #CryptoEducation💡🚀 $BTC
🎯 Precision Trading: How to Use Tweezer Tops & Bottoms!
❇️Ever noticed two candles side-by-side with almost the exact same highs or lows? You might have just found a Tweezer Pattern! These are powerful "Reversal" signals that tell us the price has hit a wall. 🧱
1. Tweezer Bottom (Bullish Reversal) 🟢
✳️Where it forms: At the end of a Downtrend.
✳️What it looks like: Two or more candles where the Lows are at the same level. The first candle is usually Red, and the second is Green.
✳️The Psychology: Sellers tried to push the price lower twice, but buyers defended that specific price level (Support) both times. It’s a "double floor"! 🏠
2. Tweezer Top (Bearish Reversal) 🔴
✳️Where it forms: At the top of an Uptrend.
✳️What it looks like: Two or more candles where the Highs are at the same level. The first candle is usually Green, and the second is Red.
✳️The Psychology: Buyers tried to break a certain price twice, but sellers rejected it both times. It’s a "double ceiling"! 🏛️
Why should you care? 🧐
Tweezer patterns are excellent for setting your Stop Loss.
✳️For a Tweezer Bottom, your stop loss goes just below the matching lows.
✳️For a Tweezer Top, your stop loss goes just above the matching highs.
💡 Pro Tip:
Tweezer patterns are much more effective on higher timeframes like 1H, 4H, or 1D. On smaller timeframes (like 1m), they can be "noise" and less reliable. 📉📊
Look at your charts! Have you seen a Tweezer pattern on the $BTC or $ETH chart recently? They often mark the exact moment the trend flips! 🔄
#CryptoTrading #TweezerTop #TweezerBottom #CryptoEducation💡🚀 $BTC
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