A bearish reversal candlestick pattern consisting of two consecutive candles at the top of an uptrend that share approximately the same high price. The first candle is typically bullish and the second is bearish, indicating that buyers pushed the price to a certain level but were unable to sustain it as sellers took control. The pattern suggests that a resistance level has been established, increasing the likelihood of a downward reversal.
Example
“A tweezer top appeared on the weekly chart near the $200 resistance zone, with both candles printing identical highs before the stock sold off 8% over the following two weeks.”