Long wicks (rejection)

A candle with a long upper or lower wick: the price went far during the candle but was pushed back.

What it means

An upper wick shows selling at higher prices; a lower wick shows buying at lower prices.

What to watch

Wicks at support or resistance; those levels often matter again later.

How Compass-Alpha uses it

Background only; not used in any figure on Compass-Alpha.