Tweezer Bottom

From Forexpedia

Revision as of 06:08, 6 November 2006 by Forexgump (Talk | contribs)
(diff) ←Older revision | Current revision (diff) | Newer revision→ (diff)
Jump to: navigation, search

Two or more candlesticks with matching bottom. They can be composed of real bodies or shadows. These occur on consecutive or nearby candles. Indicates a bearish trend is ending, and perhaps a reversal is in the works.

Image:tweezer-bottom.gif
Retrieved from "http://www.babypips.com/forexpedia/Tweezer_Bottom"
"So long as there is breath in me, that long I will persist. For now I know one of the greatest principles on success; if I persist long enough I will win."
Og Mandino
Clicky Web Analytics
Feedback Form