Trading forex involves substantial risk of loss and is not suitable for all investors. This site is for educational purposes only.  Full Disclaimer →
Home / Definition / Wick
Definition

Wick

The territory a candle reached beyond its body but did not hold through the close.

Full Explanation
A wick records price territory that was reached during the candle but given back before the period closed. An upper wick shows that price traded above the body and returned. A lower wick shows that price traded below the body and returned.

Wicks are often labeled 'rejection,' but a wick alone does not prove a durable rejection. It tells you that relocation reached that area and did not remain there through that particular close. What happens afterward determines whether the move was actually rejected or simply paused before continuing.

This is why Trade the Mechanics reads wicks in sequence rather than as isolated shapes. A wick followed by continued relocation through the same territory means the first attempt was given back temporarily. A wick followed by sustained movement away and failure to re-enter the area carries more evidence that the opposing side gained control.