Dual candlestick patterns

To identify dual Japanese candlestick patterns, you need to look for specific formations that consist of two candlesticks in total.

Engulfing Candles

There are two types of Engulfing candles: Bullish Engulfing and Bearish Engulfing.

On the other hand, the Bearish Engulfing pattern is the opposite of the bullish pattern.

This means that sellers overpowered the buyers and that a strong move down could happen.    

Tweezer Bottoms and Tops

The most effective Tweezers have the following characteristics:

The second candlestick is opposite the overall trend. If the price is moving up, then the second candle should be bearish.

Tweezer Tops should have the same highs, while Tweezer Bottoms should have the same lows.