Two or more candles whose highs (or lows) align almost exactly. The matching extreme is the level itself — a record of price tested twice and rejected twice at the same point.
Tweezer Tops and Tweezer Bottoms — kenuki in Japanese — are reversal patterns formed when two or more candles share the same high (or low) almost exactly. The Japanese name evokes a pair of tweezers whose tips close at perfectly matched points; the metaphor describes the alignment.
A Tweezer Top forms at the peak of an uptrend, recording two or more candles that reached the same high and were turned back. A Tweezer Bottom forms at the bottom of a downtrend, recording two or more candles that tested the same low and were rejected. "The same level, tested twice, refused twice" — and that visual symmetry is itself the market's statement.
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