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Tweezer Top

A Tweezer Top is the opposite of a Tweezer Bottom. It appears after a rise when two neighbouring candles reach nearly the same high and then fail to move further upward. The repeated high suggests that sellers entered around the same level twice. This can warn that buying momentum is fading. The first candle may be strongly positive and the second weaker or negative, but their upper extremes are the central feature. Traders often look for confirmation from a later decline or nearby resistance. The formation identifies a possible turning point; it does not mean every pair of matching highs will begin a downtrend.

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