Technical Definition
A two-candle bullish reversal pattern where two consecutive candles record nearly the same low, indicating strong rejection of lower prices.
The market tried to fall and was stopped at the same price level twice. This repeated failure at the lows highlights strong demand and a potential shift in short-term sentiment.
Strong rejection of lower prices.
Market Psychology
Context
Market is in downtrend Sellers are confident Price makes lower lows
Initial Test
Sellers push price down Buyers step in near support Price rebounds from low
Retest
Sellers test same low again Buyers respond immediately Price fails to break lower
Defense
Sellers lose confidence Buyers gain belief Market stabilizes
Pattern Anatomy
Same or Nearly Same Low
Both candles share the same low price point.
Candle Colors May Vary
Most common: bearish + bullish, but both can be bearish.
Equal Lows as Visual Floor
The shared low acts as a clear support level on the chart.
Pattern Rules
Appears after a decline
Reversal context is required.
Two consecutive candles
Pattern requires adjacent price action.
Lows are equal or nearly equal
Defines the defended price level.
Second candle shows reduced selling or buying response
Demonstrates momentum shift.
Closer the lows, stronger the pattern
Precision indicates stronger defense.
Signal Confirmation
- A bullish candle following the pattern
- Price moving above tweezer highs
- Confluence with support zones
- Trend exhaustion signals