Page 25 - A Complete Guide to Volume Price Analysis: Read the book then read the market

Lower Wick Example

Fig 3.14 Candle From Lower Wick Example

Although the resulting candle doesn’t look very exciting it actually represents one of the most powerful price actions that you will find on any chart,
particularly when volume analysis is added to it. Price action and volume then tell us where the market is likely to go next.

And here is another, equally powerful candle.

Upper Wick Example

Once again, this is an extremely important price pattern, which we will return to time and time again throughout the book.