The tweezer bottom candlestick pattern is created by two or more candles with matching lower lows. A tweezer bottom happens when two candlesticks form back to back or near each other with the exactly or almost the same lows. This pattern is more meaningful when there is a strong move in momentum from the first candle to go lower then the second candle going higher off that low showing a reversal in the direction of price action.
![Tweezer Bottom Candlestick Pattern](https://blog.ultreosforex.com/wp-content/uploads/2022/07/2-7.png)
The two candles that create this pattern don’t have to be in consecutive order and the size and colors can be different. The tweezer bottom candle signal is a high probability reversal signal that is more meaningful when it happens at a confluence of other signals on a chart like oversold or near a key moving average. This pattern has additional confirmation when it is followed by another bullish candle pattern.
The tweezer bottom candlestick pattern is a dip buying signal that waits on a high probability bounce to happen as consecutive low prices hold at support and bounce with at least two candles. A tweezer bottom can be separated by a few candles but the most popular classic version of this pattern happens over two consecutive candles.