Page 23 - MFX Reversal Patterns C.M

Continued

The ratio between wicks and bodies do you see longer wicks or bodies?

In a high momentum trend, you can often see long bodies with small wicks. When uncertainty

rises, the volatility picks up and bodies become smaller while wicks become larger. The position

of the body this is an extension of the previous point.

Can you see a long wick with a body on the opposite side?

This is often showing a rejection When you have a small body in the middle of a candle with long

wicks, it means indecision

You can see that once we start combining the information that wicks and bodies provide, we can

practically analyse all candlestick formations

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