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Charting
Tweezer Tops & Bottoms
Two candles that get turned away at almost the identical price. That matched high or low is the market drawing a line.
NoVo Options Trading · 2026
A tweezer top is two adjacent candles with nearly identical highs — price pushed to the same level twice and got rejected both times. A tweezer bottom is two candles sharing nearly the same low — buyers defended the same price twice. The matching extreme, resembling the two prongs of a tweezer, is the signal.
Why the matched level matters
A single rejection at a price is one data point. Two candles failing at the exact same level says there's real supply (tweezer top) or demand (tweezer bottom) sitting there — a line the market couldn't cross. It's a compact, two-candle cousin of a double top or bottom, and it works for the same reason: a level tested twice and held is meaningful.
Confirmation
The strongest tweezers pair with other clues — the second candle being a reversal shape (a hammer at a tweezer bottom, a shooting star at a top), or appearing at a known support/resistance level. As with every candle pattern, wait for a follow-through candle to confirm the reversal rather than acting on the matched wicks alone.
One rejection is a maybe. The same rejection twice, to the tick, is the market telling you where it won't go.
Where it fits
Tweezers are most reliable at meaningful levels after an extended move — a double rejection at prior-day highs or VWAP is a real tell. Mid-range, two candles with similar wicks are coincidence. The level, the confirmation, and the regime turn a shape into a signal.
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NoVo is a software tool for market analysis and for executing trades you initiate, not financial advice. This article is general education, not investment advice. Options trading involves substantial risk of loss, up to and including your entire capital. NoVo makes no guarantee of profit, win rate, or performance, and past results do not predict future outcomes. You are responsible for your own broker account, configuration, and trading decisions.