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Crypto · candlestick pattern

Tweezer top on Polygon (POL)

On Polygon (POL) the tweezer top showed up 105 times. The target came first 42% of the time, the stop 50%, and 9% went nowhere within 12 candles.

Counted on Polygon (POL) (POL/USDT): daily candles from September 2024, 4-hour candles from September 2024 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
4-hour1735%59%6%
Hourly8843%48%9%

Polygon (POL) against the rest

ChartsFoundTarget firstStop firstWent nowhere
Polygon (POL)10542%50%9%
All Crypto charts7,85434%57%9%
Every market10,99134%58%8%

Year by year

YearFoundTarget firstStop first
20241625%56%
20255939%54%
20263057%37%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the tweezer top is

Two candles hit the same high. That ceiling held twice.

Imagine jumping twice and bumping your head on the same spot of the ceiling both times. A tweezer top is two candles whose highest points land at almost exactly the same price. Buyers hit a ceiling twice, and it held both times.

The full tweezer top lesson, video and quiz ›

Other patterns on Polygon (POL)

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Volume profile bounce · Doji · Volume profile rejection · MACD bullish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · all of them

The tweezer top elsewhere

Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Cardano · Polkadot · Dow Jones · Sony · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the tweezer top work on Polygon (POL)?

In 105 cases on Polygon (POL), the target (1.5 × ATR) came before the stop (1 × ATR) 42% of the time and the stop came first 50%; 9% went nowhere within 12 candles.

What is the tweezer top?

Two candles hit the same high. That ceiling held twice.