Read long Wick - Candles more better
Small body Very long lower wick Closed higher than the low This candle is often called a rejection candle or hammer-type reaction . Sellers pushed price down, but strong buyers absorbed everything and forced price back up, confirming the uptrend. 3 Extremely Powerful Wick Patterns Pros Watch 1. Liquidity Sweep (Stop Hunt Wick) This is one of the most common institutional moves . Shape Very long wick Breaks previous high or low Quickly closes back inside the range What actually happens Price breaks previous high/low Retail traders enter breakout trades Stop losses trigger Big players take the liquidity Price reverses Meaning Fake breakout Liquidity grab Often leads to strong move opposite direction Pros call this: Liquidity sweep Stop run Engineered liquidity 2. Hammer / Rejection Candle (Demand Absorption) This is the one you showed in your chart. Shape Small body Long lower wick Appears after pullback What i...
