A tweezers topping pattern occurs when the highs of two candlesticks occur at almost exactly the same level following an advance. Like many other candlestick patterns, tweezers occur quite frequently. Tweezers are more meaningful as part of other trends, especially pullbacks. Script = Lupin Time Frame = 1 Day
5th jul close and 6th jul open are same this is tweezer top
Although there is a clear breakout yesterday (Monday) in this counter (and it came to our weekly radar as Long), today daily it's created a Bearish Tweezer top candlestick pattern.
tweezer bearish 21.15 if this is not taken out by bulls in near future then it could be bearish
Nifty alarmed since four days by making 2 Tweezer top like Patterns, and On weekly chart nifty closed below previous week.
The fib retracement drawn between the low on 19th April’21 and hight on 10th May’21 says it can retrace to 135 and then 150 levels. But now it has formed a Tweezer Top pattern in the daily charts . Levels to watch out for are 121.05 and 113.35-116.5, which are respected since 2007 and 2011 respectively. If they are breached downwards then those who are holding...
TWEEZER TOP DESCRIPTION >> BEARISH PATTERN, IDENTIFYING A RESISTANCE LEVEL >> 2 OR MRE CANDLES WITH THE HIGH POINT ACHIEVING THE SAME LEVEL >> CANDLES CAN BE EITHER COLOUR PSYCHOLOGY THE UPPER EXTREME OF THE SHADOW REPRESENTS AN AREA F RESISTANCE. BULLS WERE NOT WILLING TO BUY ABOVE THIS PRICE, SO THE BEARS RETURNED IN FORCE TO DRIVE THE PRICE BACK...
Gave tweezer top on Daily and bearish divergence on hourly can see 417 if 420 broke stop is 425 enter on levels only
1.bearish retracement 2.tweezeers top 3.diagonal resistance 4. resistance
Tweezer Top Short below 76.60, SL PDH PDH = 79.55 If gap up or down, follow 5m ORB.
Tweezer Top + Inside Bar Short below 1257.10, SL PDH PDH = 1278 If gap up or down, follow 5m ORB.
Tweezer Top + Outside Bar Short below 352.25, SL PDH If gap up or down, follow 5m ORB.