what is wick in candlestick?

Asalamualikum dear members hope you all are fine and doing well on forex trading. Dear members aaj hm apni post mein wick Sy related knowledge share krein gy.jo k trading krny mein bht help full ho skta Hy.

What is wick in candlestick :

Dear forex member Jb ek candlestick close hoti ha to us mein body k elawa jo part hota hy.Wick candlestick k upper yeh lower side py ek thread line hoti ha, jo ek select krta hy timeframe k according candles ke sb sy zyada yeh sb sy kam area tk jany k barey mein btati ha. Yeh area candle k open close position nai hoti.
us ko ap wick kehy hain. Wick ko ap shadow b keh sakty hain.



Types of wick:

Dear forex member Candlestick ke study complete krty howay ap ko different types ke wick available hoti hain.

Upper wick candlestick :

Jb eik candlestick close hoti ha or us ke body down side pr hoti ha, or us ke wick upper wali side pr hoti ha, to es ko ap ko upper Shadow candlestick kehty hain. Yeh candlestick ap ko seller's pressure show krti ha.or es mei ap ko eik best point pr entry mil rhe hoti ha ap agr es ko achi trha understand krty hain to ap acha profit hasil kr skty hain .

Lower wick candlestick :

Lower wick mein hm ko buyer's pressure find out hota ha, es candlestick mein body upper side pr hoti ha or wick downside pr hoti ha lower point pr eik lekin selling pressure ke wja sy wo es level ko nai rakh or candle ke closing point wick k high sy lower hota ha.support and resistance milte ha, jis khud market bht zyada bounce back krti hai, to is ko ap major level ky name sy denote krty hain. Definitely yeh aik bahut hi important level hota hai, is par ap ko candlestick ki confirmation par zaroor entry leni cheye esi entry sy ap ko bhot zyda advantages available hoty hain.



Technical analysis :

Dear forex member Technical analysis complete krty hain, to es mein ap ko wick k concept ko properly understand krna chehay. Kuch esi candlestick bhi hoti hain jin ke both side pr ap ko wick milte hain. Es candlesticks k bd ap ko carefully decission making krna hoti ha.Es pr ap ko yeh information mil rhe hoti ha, jis mein market new level ke formation krti ha, lekin yeh itna zyda strong nahin hoty, Is liye ap ko khabi b en Level par apni trading activities ko utilise nahin krna chehay.



Conclusion :

Dear forex member Technical analysis ko complete krna chahte hain to es mein ap ko multiple candlestick ki interpretation ko achi tarah samjna hota hai. Jab kisi candlestick ka shadow upper wali side per hota hai, tu ya aapko seller's pressure show krti hai. Jab kisi candlestick ka shadow lower side per hota hai tu ya aapko buyer's pressure show krti hai. Or jab aik candlestick ki wick both side per hoti hai tu ya nutral pressure show krti hai.Wick pe trading karne se pehle is ki position ka baghawar mutalea karna hoga. Q k agar wick candle qeematon k darmeyan me banti hai, to is ki importance ziada nahi hai, aur ye neutral candle tasawar ki jatai hai. Agar upper high wick candle bullish trend me banyi hai, to ye sell ka signla deti hai. Lekin agar lower wick candle low price area me banti hai, to ye buy signal genrate karti hai.

Support and resistance level :

Dear forex member support level or resistance level ko ap different categories main convert kar sakhty hain. Definitely is k different levels ki different categories or different interpretation hoti hai. Iski briefly Explaination ap k sath share krny ja rahi hun jis ko ap samjh kar asani sy apna target lay sakhtu hain.Definitely yeh aik bahut hi important level hota hai, is par ap ko candlestick ki confirmation par entry leni cheye esi entry sy ap ko bhot zyda advantages available hoty hain.

Re: What is wick in candlestick?

Candlestick Wick

Japanese Candlesticks financial market analysis me sab se ziada istemal hoti hai, q k candlestick traders ya analysts ko high, low aur open, close k sath sath qeematon k bullish ya bearish movement ki bhi information deti hai. Candlestick ki gennral baat karen to ye do hisson par mushtamil hoti hai, aik real body aur dosra wick (shadow).
Wick candlestick k upper ya lower side pe aik dhaga numa line hoti hai, jo aik muntakhib karda timeframe k mutabiq candles ki sab se ziada ya sab se kam area tak jane k bare me batati hai. Ya area candle k open close position nahi hote.

Candle Upper Wick

Kisi candle ki upper wick wo hoti hai, jo timeframe k mutabiq qeematen upper high area tak ja chuki hoti hai, lekin selling pressure ki waja se wo is level ko barqarar nahi rakh pati aur candle ki closing point wick k high se lower hota hai.

Candle Lower Wick

Candle ki lower wick wo hoti hai, jis me qeematen aik timeframe me lower side pe teez chali jati hai, lekin buyers pressure ki waja se wapis above close ho jati hai.

Zero Real Body Wick Candle

Jin candles ki body bulkul nahi hoti, yani open aur close same point pe hota hai, lekin upper ya lower side pe wick banti hai, to ye candles doji candles kehlati hai. Doji candles ki market me bohut ziada importance hai, khas kar jab ye low price ya high price area me banti hai. Doji candles ki mukhtalif aqsaam hen aur har aik candle ki apni apni hososeyat hen.

Wick ka Trading me Istemal

Wick pe trading karne se pehle is ki position ka baghawar mutalea karna hoga. Q k agar wick candle qeematon k darmeyan me banti hai, to is ki importance ziada nahi hai, aur ye neutral candle tasawar ki jatai hai. Agar upper high wick candle bullish trend me banyi hai, to ye sell ka signla deti hai. Lekin agar lower wick candle low price area me banti hai, to ye buy signal genrate karti hai.