The unfilled wick

Why a single long wick into an area on a slow chart leaves that area worth returning to, and what it means for your targets.

Not every visit to a level counts the same. This is the difference between a level price touched and a level price used.

One wick on a slow chart

Sometimes price reaches an area on a weekly or monthly chart with a single long wick and leaves straight away.

On a weekly chart that wick might be a few hours out of a whole week. The candle makes it look like a visit. It was barely one.

A wick on a slow chart is a very short visit to that price.

Module 8 explained that a large position needs a crowd on the other side to be filled.

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