Trading Class

Markets › Silver › Tweezer top

Commodities · candlestick pattern

Tweezer top on Silver

On Silver the tweezer top showed up 21 times. The target came first 24% of the time, the stop 62%, and 14% went nowhere within 12 candles.

Counted on Silver futures: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily1527%73%0%
Hourly617%33%50%

Silver against the rest

ChartsFoundTarget firstStop firstWent nowhere
Silver2124%62%14%
All Commodities charts9126%62%12%
Every market10,99134%58%8%

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 Silver

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

The tweezer top elsewhere

Gold · Dow Jones · Sony · GBP/USD · EUR/JPY · Ethereum · Bitcoin

Questions

How often does the tweezer top work on Silver?

In 21 cases on Silver, the target (1.5 × ATR) came before the stop (1 × ATR) 24% of the time and the stop came first 62%; 14% went nowhere within 12 candles.

What is the tweezer top?

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