Tweezer Top: matching highs and what they actually confirm

Two consecutive bars with near-identical highs — a simple pattern that means little alone and needs the bars around it to matter.

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What it measures

A tweezer top is two consecutive bars whose highs land at essentially the same price, typically the first up and the second down.

It measures a level that rejected price twice in a row rather than once — slightly stronger evidence of resistance than a single failed push.

How it is calculated

These are the steps Basis performs, verified against the published definition.

  1. 1

    Two consecutive bars with highs within a small tolerance of each other.

  2. 2

    The classic version has the first bar closing up and the second closing down, describing a shift in control at the matched level.

How to read it

  • The matched high is a support/resistance observation more than a candlestick pattern — it says two attempts to go higher were both rejected at essentially the same price.
  • It is meaningfully stronger when it appears after an extended advance than when the two highs are early in a move.

Where it misleads

Two bars randomly printing similar highs happens often enough in normal price action that the pattern alone is weak — it needs the context of an extended prior move to say much.

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Updated 2026-08-27 · Educational reference, not financial advice.