Markets › USD/CAD › Tweezer bottom
Forex · candlestick pattern
Tweezer bottom on USD/CAD
On USD/CAD the tweezer bottom showed up 49 times. The target came first 16% of the time, the stop 67%, and 16% went nowhere within 12 candles.
Counted on USD/CAD: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Hourly | 49 | 16% | 67% | 16% |
USD/CAD against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| USD/CAD | 49 | 16% | 67% | 16% |
| All Forex charts | 625 | 33% | 57% | 11% |
| Every market | 9,709 | 35% | 55% | 11% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2024 | 3 | 67% | 33% |
| 2025 | 26 | 15% | 65% |
| 2026 | 20 | 10% | 75% |
The last 8 times
- 8 Oct 2026, 20:00 UTC · hourly · went nowhere
- 3 Sep 2026, 13:00 UTC · hourly · stop first after 2 candles
- 2 Sep 2026, 21:00 UTC · hourly · stop first after 5 candles
- 27 Aug 2026, 18:00 UTC · hourly · stop first after 8 candles
- 27 Aug 2026, 16:00 UTC · hourly · went nowhere
- 14 Aug 2026, 01:00 UTC · hourly · stop first after 3 candles
- 13 Aug 2026, 20:00 UTC · hourly · stop first after 8 candles
- 17 Jul 2026, 20:00 UTC · hourly · stop first after 1 candle
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 bottom is
Two candles hit the same low. That floor held twice.
Picture a pair of tweezers, with two tips meeting at the very same point. A tweezer bottom is two candles whose lowest points land at almost exactly the same price. Price tested the floor twice, and the floor held both times.
The full tweezer bottom lesson, video and quiz ›
Other patterns on USD/CAD
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bearish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · MACD bullish cross · RSI overbought drop · all of them
The tweezer bottom elsewhere
GBP/USD · EUR/JPY · EUR/USD · USD/CHF · GBP/JPY · USD/JPY · NZD/USD · EUR/GBP · AUD/USD · EUR/INR · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · Ethereum · Bitcoin
Questions
How often does the tweezer bottom work on USD/CAD?
In 49 cases on USD/CAD, the target (1.5 × ATR) came before the stop (1 × ATR) 16% of the time and the stop came first 67%; 16% went nowhere within 12 candles.
What is the tweezer bottom?
Two candles hit the same low. That floor held twice.