Tweezer Bottom
Two consecutive candles with the same (or near-identical) low. First is red, second is green. The matching low signals support held twice.
Bullish·Bullish reversal·2-candle·Requires a prior downtrend
Pattern shape
What it means
Sellers tested a low on day one and failed; tested it again on day two and failed again. Buyers defended the level twice; support is real.
Confirmation to wait for
Strongest with rising volume on day two. Some traders require day two's close above day one's open.
Failure mode
Tweezers form constantly inside ranging markets; only meaningful after an extended downtrend at a recognised level.
Detection rule
|prev.low − curr.low| ≤ 0.5% × prev.low AND prev red AND curr green. Prior 5-day downtrend.
The scanner below applies this rule to today's daily candles across actively-traded NSE equities, ranked by traded value (price × volume). Liquidity floor: ₹25 Cr traded today. Rule-based matches - not buy/sell calls.
Stocks matching today
Scanner coming soon
Detection isn't wired for this pattern yet. The rule above describes what the scanner will look for; it'll go live with the next set of detectors.
Related patterns (same signal direction)
Pattern definitions are descriptive, not predictive. Confirm with volume + the broader trend on the index / sector before trading any single-stock signal.