Wick

In trading charts, a wick is a line that extends above or below a candlestick body. It represents the highest and lowest price points reached during a trading period, such as a day or an hour. The candlestick body represents the opening and closing prices during the trading period, while the wick represents the range of prices that occurred during that time. For example, a long wick on the top of a green candlestick may indicate that the price briefly reached a high level before dropping back down to close at a lower level. Understanding wicks and other candlestick chart patterns can help traders identify potential support and resistance levels, as well as entry and exit points for trades.

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