Steve Nison, introduced the Tweezers bottoming and topping pattern in his book "Japanese Charting Techniques.
A topping pattern occurs when the highs of two occur at almost exactly the same level following an advance. A bottoming pattern occurs when the lows of two occur at almost exactly the same level following a decline.
Confirmations for Tops
The first candle has a large real body (difference between open and close), but the second candle can be pretty much any size; therefore, the two candles may look quite different. For example, in a tweezers top the first may be a very strong up candle, closing near the high, while the second candle may be a –a cross-shaped, neutral pattern–that doesn't close near the high but still has a similar high to the first candle.
Scenario is little tough as it has become choppy & challenging trading dabur because it will trouble you so best strategy is to wait for next swing low@230-240 or crossing above 305 for market direction.
From long term analysis - Party over for Fresenius SE as shown below- we already have target 220-230
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ