Web Trader MT5
Two candles reach almost the same low after a decline, but the market refuses to continue downward. This shape is called a Tweezer Bottom. The first candle usually reflects selling, while the second shows that buyers defended a similar price area. The matching lows create the “tweezer” appearance. Traders view it as a possible bullish reversal, especially when it forms near established support. The candles do not need to be identical in body size or colour. What matters most is the shared low and the surrounding downtrend. A later rise can strengthen the interpretation, while a break below both lows weakens it.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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