Wicks and bodies: what do they actually tell you?

The body shows where the session opened and closed; the wicks show how far price travelled and was rejected. Long wicks at levels tell a rejection story, but beginners often read them as certainty.

Wicks and bodies: what do they actually tell you? — support and resistance diagram
Price bouncing between support and resistance

How do you use them?

  • what a long lower wick at support means to you
  • how wick size shapes your stop placement
  • the wick pattern that tricked you most
Wicks and bodies: what do they actually tell you? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

The candlestick guide decodes each part of the candle.

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