How to read candlestick shadow wick

reders question


Good Day Mr. Long,

In this attached video you show about future price action, and you also talk about shadow.

I like your method about body harami, and it is working well with me.

The question is about the shadow (wick), i know about outside close, inside close, and range, but i do see something that i still cannot figure it out.

Do you ever trade based on wick? Like you do with the body Harami?

The wick i see place an important role in trading, and i know many traders that trade the ‘wick.’

Based on your experience what do you consider the wick… how do you read it, rejection of price, sellers stepping in, buyers stepping in, or lots of orders being filled.

Do you ever use the wick/shadow to place a trade.

Thank you so much,

video here