Tweezers Bottom โ Bullish Reversal Signal ๐
๐ The Tweezers Bottom is a dual-candle bullish reversal pattern often seen at the end of a downtrend.
โ
Formation (2 candles):
1๏ธโฃ First โ Strong red candle continuing the downtrend.
2๏ธโฃ Second โ Green candle with a low equal to or very close to the previous candleโs low.
โ
Meaning: Bears tried to push lower but failed twice โ strong support โ buyers may take over.
๐ Example: Stock drops โน420 โ โน385, forms red candle low โน382, next day green candle low โน382 and closes โน400 โ Tweezers Bottom โ bullish reversal likely.
๐ง Rule: Volume on the second candle improves accuracy.
MARUTI
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