Tweezer Top in Forex

A tweezer top is a two-candle bearish reversal formation in which two consecutive candles form highs at approximately the same price area after an advance.

The matching highs suggest that price was rejected from a similar resistance area twice.

How to Recognise It

Look for two adjacent candles with nearly equal highs.

Their bodies do not need to be identical. A common example has a bullish first candle followed by a bearish second candle, but the repeated high is the defining visual feature.

The formation should appear after an advance or at meaningful resistance for the bearish interpretation to carry weight.

How to Read It

The second failure to continue higher can show that resistance is attracting selling or limiting further buying.

Still, two matching highs do not prove that an uptrend has reversed. Read the next closed candles and the larger swing structure.

Context and Confirmation

Read the candle only after its timeframe has closed. A single candlestick records what buyers and sellers did during one period, but it does not guarantee what the next period will do. Its meaning becomes stronger when it appears after a relevant prior move, near a meaningful support or resistance area, and alongside clear market structure. A wick through a level is not automatically the same as a confirmed body-close break.

Key Takeaway

A tweezer top is repeated rejection of a similar high after an advance, not a guaranteed reversal.