Candles
Candles
Lesson 2 : Wick Size
Lesson 2 : Wick Size
Lesson 2 : Wick Size
Beginner
Beginner
Beginner
2 min
2 min
2 min
Wick Size
Wick Size
Wick Size
The size of a candle's wick indicates how far the price is likely to expand. This can be used as a filter to help decide when to engage with a trade and when to avoid trading.
The size of a candle's wick indicates how far the price is likely to expand. This can be used as a filter to help decide when to engage with a trade and when to avoid trading.
The size of a candle's wick indicates how far the price is likely to expand. This can be used as a filter to help decide when to engage with a trade and when to avoid trading.
Small Wick
Small Wick
Small Wick
A small wick is a positive condition and a useful filter that indicates expansion. When the wick is small, we can expect the price to move beyond the daily open and target prices accordingly.
A small wick is a positive condition and a useful filter that indicates expansion. When the wick is small, we can expect the price to move beyond the daily open and target prices accordingly.
A small wick is a positive condition and a useful filter that indicates expansion. When the wick is small, we can expect the price to move beyond the daily open and target prices accordingly.
Large Wick
Large Wick
Large Wick
A large wick is a negative condition and a filter that indicates we should wait for a new candle to open. We only look to trade reversal candles on the higher time frames, such as the weekly or daily charts. Since the wick does not support expansion, we should adjust our maximum targets to the daily open, especially for objectives near the daily open or back within the daily range.
A large wick is a negative condition and a filter that indicates we should wait for a new candle to open. We only look to trade reversal candles on the higher time frames, such as the weekly or daily charts. Since the wick does not support expansion, we should adjust our maximum targets to the daily open, especially for objectives near the daily open or back within the daily range.
A large wick is a negative condition and a filter that indicates we should wait for a new candle to open. We only look to trade reversal candles on the higher time frames, such as the weekly or daily charts. Since the wick does not support expansion, we should adjust our maximum targets to the daily open, especially for objectives near the daily open or back within the daily range.
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2025 The Market Lens - All Rights Reserved
The standard for trading education and guidance
2025 The Market Lens - All Rights Reserved
The standard for trading education and guidance