Forex Wicks. The candle will turn green/blue (the color depends on the chart. What is important to remember about learning to read.
First of all look at the chart. If the wick is above the body, the price has a tendency to reverse downwards (bearish reversal). Trades are determined based on the price action on the screen in front of you..
Two example charts are shown – one of a shooting star – where the bulls were doused by the bears at higher levels.
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If the wick is above the body, the price has a tendency to reverse downwards (bearish reversal). In the other example of a dragonfly doji. It can be employed in multiple effective ways.