tweezertop
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Tweezer top Type candlestick pattern & Analysis
The Tweezer Top Candlestick Pattern is a double candlestick pattern.
The first candle is bullish (green) and the second is bearish (red). It always forms at the top of a long upward trend on the chart. The first candle in this pattern can be a long bullish, small bullish, or single bullish candle. The second candle can also be a long bearish, small bearish, or single bearish candle.
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#Tweezertop #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.”
The first candle is bullish (green) and the second is bearish (red). It always forms at the top of a long upward trend on the chart. The first candle in this pattern can be a long bullish, small bullish, or single bullish candle. The second candle can also be a long bearish, small bearish, or single bearish candle.
@Binance Square Official
#Tweezertop #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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