tradingbasico

Do you see that thin line that comes out above or below the candle
That "wick" is telling you a story of war between buyers and sellers
Candle Reading
Long Wick Up Buyers tried to raise the price but sellers were stronger and pushed it down
Possible signal for a downward change or resistance rejection
Long Wick Down Sellers tried to push the price down but buyers appeared to rescue itSignal Buying strength and support defense