Nihabashi - Tweezer Pattern Example?

Hi Nihabashi,

Thanks for all your input to this forum.

Can I ask you to look at the attachaed chart. I've been following your tweezer pattern entries somewhat.. and was curious if this would constiitute a tweezer pattern for you.

This is a 5 minute chart.. I know you use 3 min. charts for yours..

Thanks for any help..

Flash
 
Quote from Flashboy:

Hi Nihabashi,

Thanks for all your input to this forum.

Can I ask you to look at the attachaed chart. I've been following your tweezer pattern entries somewhat.. and was curious if this would constiitute a tweezer pattern for you.

This is a 5 minute chart.. I know you use 3 min. charts for yours..

Thanks for any help..

Flash

To me that's not a Bullish Tweezer Bottom.

However, it's a powerful Bullish Engulfing pattern.

Most tweezer tops or bottoms are false signals.

You can visually tell the difference between tweezers that have more follow-through than those that won't.

They are popular with scalpers I know that are looking for a quick point or so.

NihabaAshi
 

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Quote from chasinfla:

Has anyone ever tried the nose-hair trimmer pattern?

No, but about 15 years ago I got one of those nose-hair trimmers
stuck in my nose and it was hell getting it out... :D

Dont' ever try one of those masochistic monsters...
 
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