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Tweezers Bottom

In an established downtrend, day-one is a black candle with a shaven bottom. The second day is a white hammer or doji with a long upper shadow. The essential element of this pattern is a series of candles that all share the same low. This could be the two days in the examples below, or a number of days that are not consecutive. After a protracted bearish move, this may provide a weak reversal signal but most traders will look for additional confirmation of a reversal.

Tweezers Bottom Candlestick Pattern

Tweezers Bottom Candlestick Pattern

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