tweezer top candlestick pattern

A Tweezer Top is a bearish reversal candlestick pattern that consists of two consecutive candles — typically a bullish candle followed by a bearish candle — where both candles reach the same or nearly identical high price, creating the appearance of two equal-length tweezers at the top of an uptrend. The matching highs indicate that the market attempted to push higher on both sessions but was rejected at the same resistance level twice — signalling that selling pressure at that price point is strong enough to halt the uptrend. The first candle is typically bullish (confirming the prior trend), while the second candle is bearish (confirming the reversal). The pattern is most significant when it appears at a key technical resistance level, a 52-week high, or a round number — and when accompanied by above-average volume on the second bearish session. In Indian equity markets, Tweezer Tops in Nifty 50 and Bank Nifty options-driven price action are closely watched by technical traders as short-entry signals with a stop-loss placed just above the common high of the two candles.