CANDLESTICK THEORY · INSTITUTIONAL
BODY.
VOLUME.
WICK.
LIQUIDITY.
LIQUIDITY GRAB
LIQUIDITY GRAB
Forget the names. Forget the patterns. A candle has one body and one wick. The body is volume. The wick is a liquidity grab. That is all it has ever been.
THE COMPLETE CANDLE — NEW DEFINITION
WICK FIRST.
BODY SECOND.
ALWAYS IN THAT ORDER.
WICK — HAPPENS FIRST
The institution reaches into the market and collects the liquidity sitting above or below the level.
BODY — HAPPENS AFTER
With liquidity collected, volume commits in the real direction. The body is the execution of the plan.
The wick is the institution's hand in your pocket. The body is what they did with what they took. Every single candle — on every chart — follows this same logic. The wick is preparation. The body is execution.