What Is a Tweezer Pattern

The same low, twice

A tweezer is two candles in a row with the same high or the same low. The euro against the dollar drew a tweezer bottom on 30 and 31 July 2025: a large red day at the end of a fall with its low at 1.14008, then a green day whose low was 1.14016 — the same price to within one pip, a pip being the fourth decimal place, the smallest step most people count in. The name comes from the two matching points of a pair of tweezers. Sellers pushed to a price on two days running and were turned back at the same place both times.

The rule, both ways

A tweezer bottom is two candles after a fall whose lows match, to within a few pips on a daily chart; the first is usually red and the second usually green. A tweezer top is two candles after a rise whose highs match, the first usually green and the second red. Different books ask different things of the bodies and the colours. The part every version agrees on is the matched price, and that is the part the name comes from: two points that meet at the same level.

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