Japanese Candlestick Pattern Intro: Tweezer Top

Two candles with the same level of high are called Tweezer Top.

So, ask yourself. What is the same high telling you? What can you deduce from it?

The same level of high formed by the two candles simply tells us that the price area beyond the "high" is too high to enter. Market participants get uncomfortable to enter that price area. There is an invisible sign showing "Do Not Enter" at that price area. When the price comes to that area, it makes a U-turn.

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