Continuing to examine the peculiarities of this pattern identification
In our previous article we’ve examined in detail the peculiarities of the Tweezer pattern formation and described some specific trading strategies that may be applied to this price/action pattern. Traders must have started to pay more attention to equal extremums of two or more close bars. Today, I’d like to speak about some varieties of this graphic configuration. In fact, not only the highs/lows of the bars matter, but also their sizes. Based on the range (spread) of the bars included into the Tweezers formation, there can be TBH, TBL, DBLHC…
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