โ€น All Posts
Nikita (SEBI RA)

8th Oct ยท SEBI-Registered Analyst

Tweezers Bottom โ€“ Bullish Reversal Signal ๐Ÿ“ˆ

๐Ÿ“Š The Tweezers Bottom is a dual-candle bullish reversal pattern often seen at the end of a downtrend. โœ… Formation (2 candles): 1๏ธโƒฃ First โ†’ Strong red candle continuing the downtrend. 2๏ธโƒฃ Second โ†’ Green candle with a low equal to or very close to the previous candleโ€™s low. โœ… Meaning: Bears tried to push lower but failed twice โ†’ strong support โ†’ buyers may take over. ๐Ÿ“Œ Example: Stock drops โ‚น420 โ†’ โ‚น385, forms red candle low โ‚น382, next day green candle low โ‚น382 and closes โ‚น400 โ†’ Tweezers Bottom โ†’ bullish reversal likely. ๐Ÿง  Rule: Volume on the second candle improves accuracy.

MARUTI

#WatchOutFor
950 likesยท57 comments